French asset manager Inocap, which invests in small and mid-cap French companies towards institutional and retail private equity funds, has launched a FCPI product called Made in France 2015.
The fund will invest in small and mid-cap 100% French firms having 75% of their workforces based in France or achieving 50% of its turnover out of France.
Made in France 2015 will invest French small and mid-cap companies listed on Alternext by 70% and in French small and mid-cap companies listed on Eurolist by 20%. The remaining 10% of the FCPI will be invested in equities, bonds and currencies.
The TER of Made in France 2015 is 4.94%, with a minimum investment of €1.000.
Olivier Bourdelas, CEO of Inocap, said: “Among French small and mid-cap companies, there are some real nuggets leading their respective markets, performing abroad and creating jobs in France as well as in Europe. There is also a significant part of risk into investing in those companies.”
Established in 2007, Inocap has €160m in assets under management, of which €110m have been invested in innovation, and acts on behalf of 12.000 clients.