Paris, 9 December 2016
The long-term performance of CNP Assurances' investment strategy for unlisted companies was recognised on 8 December 2016. The company was awarded a "Trophée d'Or" in the category of Best French LP, Regional Strategy at the 7th Private Equity Exchange & Awards ceremony organised by Leaders League.
CNP Assurances is a responsible investor dedicated to financing the economy. The company is ranked as one of the world's top 50 institutional investors for unlisted funds, and among the very best in France. Its team's dedicated skills and long-term investment strategy performance for this asset class have once again been rewarded. A judging panel of 80 international experts awarded the company a "Trophée d'Or" in the category of "Best French LP, Regional Strategy" during the Private Equity Exchange & Awards.
As the top personal insurer in France and fifth largest in Brazil, the Group commits 500–700 million euros each year to private equity through 25–30 investments, chosen from a total of 350–400 opportunities. These concern every step of the unlisted company lifecycle (creation, growth and transmission) via funds or co-investment operations. Over the last three years, CNP Assurances has placed emphasis on geographical diversification of its portfolio in Europe and America. This long-standing relationship with the world of private equity enables the Group to naturally identify and support innovative start-ups through Open CNP. Its 100 million euro envelope over a 5-year period enables CNP Assurances to finance and support start-up development while also building win-win partnerships with companies related to various CNP Assurances business lines.
"We are pleased about this award, which rewards the long-term performance of CNP Assurances, one of the top institutional investors in the world of unlisted funds. It also offers recognition of our dedicated team's work and the results it has offered to this asset class", announced Hélène Falchier, the head of private equity investments at CNP Assurances who also oversees Open CNP.