Newsroom
Amundi launches a new investment solution to access opportunities in European private markets while supporting transitions
Paris, France, November 12, 2024
Amundi, the leading European asset manager, announces the launch of Amundi Private Markets ELTIF (AMUNDI PRIMA[1]), an evergreen[2] solution enabling savers to access investment opportunities in European private markets while supporting transitions.
Interest in private market investment products is continuing to grow in all markets. Institutional investors, seeking attractive returns and moderate volatility over the long term, continue to increase their allocations in these asset classes. Retail investors are also looking to access the opportunities offered by private markets to diversify their long-term investment strategies. This dynamic is being supported by regulators, for example with the implementation of the ELTIF 2.0 regulation[3] that lowers the minimum investment threshold, adapts liquidity options, and broadens the range of eligible asset classes.
An evergreen2 solution to drive transformative growth in Europe
AMUNDI PRIMA offers diversified investment opportunities through a flexible allocation between private equity, private debt and infrastructure. These investments inherently present risks, particularly in terms of capital loss, liquidity and valuation[4].
The new fund is classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR) and enables retail and professional investors to have a contribution on Europe's real economy, supporting major transitions such as:
- Ecological and digital (Infrastructure for the production of renewable energy, energy grids and storage systems or electric mobility…);
- Societal and digital (cyber security, biotechnologies in healthcare…);
- Territorial and digital (urban projects, “smart cities”, infrastructure for the connection of rural and urban areas…);
AMUNDI PRIMA mobilises all channels to access private markets and makes primary investments, co-investments and secondary investments. AMUNDI PRIMA offers investors the possibility of monthly subscriptions with a minimum investment threshold of € 1000 and conditional quarterly redemption windows[5]. The fund is now available for investors in Luxembourg, Austria, Belgium, Denmark, Finland, Germany, Italy6, Ireland, Netherlands, Norway, Spain, Sweden and United Kingdom[6].
Lionel Paquin, Deputy Head of Alternative and Real Assets at Amundi: “AMUNDI PRIMA meets savers' growing need to diversify their long-term investments. It represents a turnkey, evergreen2 solution that makes private markets easily accessible. With the strengthening of its multi-management platform Amundi Alpha Associates, Amundi aims to continue its strategic development in private markets and offer all its clients ever more innovative solutions tailored to their objectives.”
Since the acquisition of Alpha Associates in February 2024, Amundi Alpha Associates has been Amundi's private market multi-management platform. A leading European player in this field, with a team of more than 70 experts, around €20 billion in assets under management[7] and an open-architecture range covering private debt, infrastructure, private equity and venture capital, in primary, secondary and co-investment transactions. Amundi Alpha Associates offers tailor-made solutions to Amundi's global institutional clients and is accelerating the development of private market products for individual clients.
Footnotes
- ^ [1] PRIvate MArkets
- ^ [2] A fund without a predetermined lifespan, where investors can enter and exit the fund on a regular basis on a predetermined schedule, subject to conditions
- ^ [3] New European Long-Term Investment Funds Regulation. Regulation (EU) 2023/606
- ^ [4] Please refer to the AMUNDI PRIMA prospectus for a detailed list of risks
- ^ [5] Please refer to the fund’s legal documentation for further detail
- ^ [6] In Italy and United Kingdom and in the fund is only available for institutional investors
- ^ [7] Amundi data as at 30/06/2024
Contact
Daniele Bagli
Press Relations
About Amundi
About Amundi
Amundi, the leading European asset manager, ranking among the top 10 global players[1], offers its 100 million clients - retail, institutional and corporate – a complete range of savings and investment solutions in active and passive management, in traditional or real assets. This offering is enhanced with IT tools and services to cover the entire savings value chain. A subsidiary of the Crédit Agricole group and listed on the stock exchange, Amundi currently manages more than €2.2 trillion of assets[2].
With its six international investment hubs[3], financial and extra-financial research capabilities and long-standing commitment to responsible investment, Amundi is a key player in the asset management landscape.
Amundi clients benefit from the expertise and advice of 5,700 employees in 35 countries.
Amundi, a trusted partner, working every day in the interest of its clients and society.
Footnotes
