(Boursier.com) — Following its acquisition last summer by the LFPI group, Mandarine Gestion absorbs Meeschaert Asset Management, the group’s other asset management subsidiary.
This operation allows Mandarine Gestion to change size, thus becoming a management company with 100 employees, including 40 investment professionals, and managing 6 billion euros across all major asset classes, stocks, bonds and multi -assets.
Mandarine Gestion announces the finalization of the merger-absorption project of the company Meeschaert Asset Management from January 1, 2024, after having obtained the necessary authorizations from the AMF.
Mandarine Gestion thus becomes the listed asset management division of the LFPI group. The Meeschaert brand will continue to cover the Group’s Private Management and Family Office activities.
This operation strengthens Mandarine Gestion’s historical expertise in equity management and integrates Meeschaert Asset Management’s know-how in bond management, diversified management and dedicated solutions.
Mandarine Gestion will thus offer its clients and partners a wider range of innovative investment strategies and tailor-made solutions, actively managed, with the objective of combining financial and extra-financial performance.
Historically focused on sustainable financing of the economy, Mandarine Gestion is strengthening its positioning as a major player in socially responsible investment and a committed company. The company stands out for its benchmark expertise in SRI management, ethics, impact finance (ESS) and sharing funds.
Mandarine Gestion will be led by Fabien Bismuth, Chairman of the Management Board, and Dan Sayag, Managing Director, who already held these positions at Meeschaert Asset Management. Adrien Dumas, also a member of the Management Board, will continue to serve as Chief Investment Officer – Director of Investments, which he has held at Mandarine Gestion since 2021.
Marc Renaud, founder and former president of Mandarine Gestion, will focus on the management and supervision of the Value Management division, while remaining a member of the Management Board.