Significantly supporting the development of the economy
At the end of 2023, France’s share of FRR investments amounted to 32% of assets. The FRR has a significant portfolio of unlisted assets (private debt, private equity, infrastructure, real estate) representing 15% of assets (€3 billion), approximately 80% of which is invested in France.
These investments support domestic job creation and the emergence of national champions in the field of technology (biotechnology, industrial and digital sovereignty, green energy in particular).
Changes in workforce numbers since the acquisition of a stake in the company
By comparison, the growth rate of employment
in the commercial sector in France over the period
was +1.3% per annum.
Source: France Invest
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Organization & Governance
The FRR is the only EPA* with a Supervisory Board and an Executive Board. This organization aims to clearly separate the executive function from the guidance and oversight function.
Investment Strategy
The FRR was entrusted by the legislator with the mission of managing the funds allocated to it, in order to build up reserves to help ensure the sustainability of eligible pension schemes.
Responsible Investment Strategy
The FRR's mission is to invest and optimize returns on the monies entrusted to it by the public authorities on behalf of the community with the aim of financing the pension system.
FRR Publications
The FRR manages, on behalf of the community, the funds entrusted by the State in order to maximise returns and actively contribute to the financing of pensions.