Please enable JS


News - August, 2014

French retail funds: Is the model still viable?

France’s FCPI fund model is undergoing a needed evolution, with the market consolidating and regulation becoming more favourable – and these changes could be opening up a new avenue for direct secondaries. Ellie Pullen reports.

France’s FCPI and FIP* retail vehicles routinely face criticism surrounding fees and performance, and managers have also had to face declining collectes (yearly fundraises) in recent years as the pool of investors shrinks.


Full text: