ERAFP approves €200m investment(1)

The French public pension has invested in a Western Europe-focused vehicle.

L’Établissement de Retraite Additionnelle de la Fonction Publique has signed a €200 million separate account with Access Capital Partners. In January 2016, ERAFP launched a restricted call for tenders to select managers to invest in unlisted private equity assets.

The €24 billion French public pension has a 6 percent allocation to alternatives including private equity.

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