Amundi creates joint real assets and alternatives platform

Real estate, private debt, private equity, infrastructure and alternative multi-management are now all part of an integrated business for the Paris-based investment manager.

Paris-based investment manager Amundi is bringing it real and alternative asset divisions under one roof to create a single platform.

Real estate, private debt, private equity, infrastructure and alternative multi-management will now all form an integrated business, bringing together 200 investments. Together the combined platform will be responsible for €34 billion in assets, as at 30th June 2016.

Amundi aims to double its funds under management in real and alternative assets by 2020.

“Through this new platform, Amundi will offer institutional and individual investors the opportunity to invest directly in real assets with dedicated solutions or via collective solutions with co-investment or multi-management funds,” commented Pedro Antonio Arias, Amundi’s new global head of real and alternative assets. He previously worked as head of specialized asset management at the firm.

Headquartered in Paris, Amundi has six investment hubs across the world. The firm has around 100 million retail clients, 1,000 institutional clients and 1,000 distributors in more than 30 countries.

The real estate platform of Amundi was created via the merger of the real estate businesses of French banks Credit Agricole and Societe Generale. It has €6.7 billion in real estate assets under management according to PERE research. Amundi has a real estate presence in France, Italy, Morocco, Luxembourg, the Netherlands and in Germany, UK and Czech Republic through partnerships.

Back in June it set a national record when it acquired the 492-foot Der Rotterdam complex for a fee understood to be around the €400 million mark. Amundi, leading a consortium of Korean investors, bought the multi-use building from Dutch property firm Rabo Real Estate. Real estate advisor Savills, who advised Utrecht-based Rabo on the deal, believes it is the largest transaction for a single asset in the Netherlands.