Amundi has announced the launch of a platform combining its capabilities in real and alternative assets with the aim of becoming one of the largest alternative asset managers in Europe.
Real estate, private debt, private equity, infrastructure and alternative multi-management have been integrated to that new platform which sees 200 investment professionals in origination, structuring and management, responsible for €34bn in assets (as at 30 June 2016).
Amundi seeks to double its AUM in real and alternative assets by 2020.
The Paris-headquartered group believes that having low correlation to traditional assets, AI strategies have an attractive illiquidity premium.
Amundi will provide direct investment opportunities in real assets to institutional and individual investors through dedicated solutions or via collective solutions with co-investment or multi-management funds.
Pedro Antonio Arias, Amundi’s global head of Real and Alternative Assets, said: “We have been meticulously building our capabilities over recent years by attracting skilled teams from diverse backgrounds. Our aim is to further develop our capabilities based on the €34bn we already manage in this area, and to be a leading European player in real and alternative assets.”
Eric Wohleber, Amundi’s head of Real & Alternative Assets Sales, commented: “Amundi’s power, infrastructure and financial strength are all major advantages allowing us to give European and Asian investors transparent, institutional-quality investment solutions in real and alternative assets.”
Amundi has around €1trn of AUM.
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