Luxembourg-based third-party management company FundRock is launching an operation in France to help international investors access alternative asset classes.
The firm – which already manages French funds – is establishing an alternative investment fund manager in the country in a bid to bolster its presence in the region.
The operation will aid investors in accessing asset classes such as private equity and real estate.
The operation, named FundRock France AM, will be headed by Jean Edouard Mazery, who recently joined the firm from European asset manager Twenty First Capital.
Mazery, who will initially be based in Luxembourg before relocating to Paris, served as managing director and head of real estate at Twenty First Capital before joining FundRock.
Xavier Parain, chief executive of FundRock, said: “The timing of our expansion reflects increasing demand from international investors wishing to put capital to work in French alternative asset classes, where solid economic fundamentals and a supportive legal and regulatory framework are opening up a range of private equity and real estate opportunities.”
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