FRANCE - The e16bn Fonds de Reserve pour les Retraites (FRR) has selected BFinance to assist with its upcoming tender for SRI managers.
The FRR launched a tender in March for two consultants – with experience in private equity and socially responsible investment – to assist with two SRI and private equity manager searches.
The value of the SRI and private equity mandates has not been disclosed and a date for the RFPs has not yet been set.
The FRR also announced it has asked law firm Linklaters to provide legal counsel and assistance in the drafting of various documents and legal instruments related to the search.
The fund said it is planning to launch the first step of its manager selection process “before summer”.
A specialist private equity consultant is yet to be appointed.
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