Erafp to award infrastructure and private equity mandates
The French public service supplemental pension scheme, Etablissement de retraite additionnelle de la fonction publique (Erafp), has launched two call tenders to award mandates invested in private equity and infrastructure .
Both mandates will have to be in line with the SRI policy of Erafp.
As for the private equity mandate, Erafp said it would support growth and development plans of non-listed European small and mid-cap companies, through equity and quasi-equity instruments.
Regarding the infrastructure mandate, Erafp seeks to fund or refund infrastructure projects through equity, quasi-equity and corporate debt instruments. Infrastructure projects will have to be achieved in OECD member countries.
Both mandates will last for an initial duration of 10 years and can be renewed twice for two years.
Call tenders will last until 9 March 2016.