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ERAFP hires equity SRI small cap manager

06 December 2013

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The Etablissement de Retraite Additionnelle de la Fonction Publique (ERAFP) has appointed Sycomore Asset Management to manage a socially responsible investment (SRI) French small capitalisation mandate.

The mandate has a target size of £150m and will be co-managed by founding partner Cyril Charlot and head of environmental social and governance (ESG) research Lea Dunand-Chatellet.

ERAFP is a public pension fund in France with around 4.6m beneficiaries and approximately €14bn of assets invested in socially responsible investments.

Laurent Deltour, Sycomore Asset Management chairman and co-founder said: "This decision made by ERAFP, a leading public pension fund in France, is validating our approach in ESG research based exclusively on a proprietary analysis; which allows us to integrate small & mid capitalisation firms and construct differentiated SRI portfolios."

First published 04.12.2013

monique_simpson@wilmington.co.uk