Governance

Governance

The governance bodies of France Invest ensure the growing diversity of the private equity business. They are governed by the Association’s by-laws.

France Invest has modern, transparent and effective governance, based on a Board of Directors, a Bureau, a Managing Director, an Ethics Commission and a team of around twenty permanent staff.

Board of Directors

Moteur de la stratégie de l’Association, le Conseil d’Administration détermine ses orientations et veille à leur mise en œuvre. Sous réserve des pouvoirs de l’Assemblée Générale et dans la limite de l’objet social, il peut se saisir de toute question intéressant la bonne marche de l’Association et régler les affaires qui la concernent. Son Président est élu pour un mandat de deux ans.

Composition as at 14 june 2018

Chairman:

Dominique GAILLARD, Ardian France

Vice-Chairmen:

Claire CHABRIER, Amundi Private Equity Funds
Christophe KARVELIS, Capzanine
Antoine LE BOURGEOIS, Andera Partners
Treasurer : Antoine LE BOURGEOIS, Andera Partners

Other directors:

Marc BRIÈRE, Arkéa Capital
Olivier GOLDER, Siparex
Benoist GROSSMANN, Idinvest
Laurence MEHAIGNERIE, Citizen Capital
Agnès NAHUM, Access Capital Partners
Antoine PAPIERNIK, Sofinnova Partners
Frédéric PESCATORI, Bridgepoint
Alain RAUSCHER, Antin Infrastructure Partners
Jonathan ZAFRANI, The Carlyle Group 

 


Bureau

The Bureau implements the decisions of the Board of Directors, monitors and controls the Association’s activities, prepares positions and acts as an audit committee to monitor and control the budget.
It includes the Chairman, the Vice-Chairmen, the Treasurer and the Managing Director. It meets twice a month.

Composition as at 14 June 2018

Chairman:

Dominique GAILLARD, Ardian France

Vice-Chairmen :

Claire CHABRIER, Amundi Private Equity Funds
Christophe KARVELIS, Capzanine
Antoine LE BOURGEOIS, Andera Partners
Trésorier : Antoine LE BOURGEOIS, Andera Partners 

 


Ethics Commission

In order to develop and promote compliance with ethical principles and good practices, France Invest has set up an Ethics Commission, whose dual mission is to:

  • Develop ethical principles, draft and update the codes of ethics applicable to the members and give opinions on interpretation and recommendations for their implementation. The Commission has contributed two texts that have been adopted by France Invest: the France Invest code of ethics and the code of ethics for portfolio management companies operating in the field of private equity. The Commission has also issued recommendations [link to document] to market players on the restructuring of management companies, funds and portfolios;
  • Ensure compliance with the ethical principles defined in the codes of ethics applicable to the members and during their implementation. In the event of a breach of the ethical principles, it is authorised to impose sanctions against the members concerned.

Managing Director

The Managing Director, appointed by the Board of Directors on proposal from the Bureau, ensures the daily management of the Association. In this role, he implements the decisions of the Board of Directors and manages interest representation activities and communication. He prepares and executes the budgets. He monitors relations between the Association and its members as well as with partner organisations. He reports to the Board of Directors and to the Association’s members at the Annual Assembly.