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CPR Private Equity, a wholly owned subsidiary of Crédit Agricole Asset Management Alternative Investments Holding (CAAM AI), has changed its business name to Crédit Agricole Asset Management Capital Investors (CAAM CI).
The company's core business is the management of private equity fund of funds for institutional and retail investors. Formed in 1999, it then became part of the alternative multimanagement arm of Crédit Agricole Asset Management Group in 2004 and at the end of 2005, took over CAAM AI's private equity business. CAAM CI has €1.2 billion under management.
At the outset, the company primarily focused most of its fund of fund investments in the European venture, development capital and leveraged buyout markets. Over the past two years, it has extended its international reach and plans to continue diversifying its business scope. In addition, CAAM CI will pursue its development drive by broadening its client base, relying on the support of CAAM Group's international offices. CAAM CI's Executive Board is chaired by Jean Daumet and the members include Antoine-Marie Bélard, Xavier Caron and Jean-Yves Lagache. The Supervisory Board is chaired by Jean-Claude Kaltenbach, chairman of CAAM AI.
About Crédit Agricole Asset Management Alternative Investments (CAAM AI): Crédit Agricole Asset Management Alternative Investments is a wholly owned subsidiary of Crédit Agricole Asset Management and a leading player in the alternative fund of funds industry. With 14 years' experience, the company manages €13.6 billion (at 31/03/2006) for 400 French and international investors. It is ranked 13th among the fund of hedge fund managers worldwide by assets under management*.
* Source: InvestHedge ranking, February 2006 - data as at 31 December 2005