The founding shareholder of PSA Group, FFP has diversified its assets through investments in line with its family values.
With more than €5 billion gross assets value as of 2019 June 30th, FFP holds direct and indirect stakes in many sectors of activity such as industry, business and personal services, and consumer goods.
Our historical asset
PSA Group is Europe’s second largest car manufacturer. After the acquisition of General Motors’ European business, its growth relies on five car brands – Peugeot, Citroën, DS, Opel and Vauxhall, each with its own worldwide reputation and distinct personality – as part of co-ordinated international strategies and a coherent product plan. PSA Group is also active in automotive financing via Banque PSA Finance, and automotive equipment via Faurecia. The group retains a 25% interest in Gefco, a transport and logistics company.
7 listed assets & 5 non listed assets
At the heart of its strategy, FFP holds direct stakes in listed and non-listed companies.
FFP acts as a minority shareholder capable of supporting the development of its shareholdings over the long term, in particular because its operations are financed with its own balance sheet. FFP's equity investments are subject to prior due diligence to ensure that there is a convergence of views on ownership, strategy and corporate values.
To invest in specific geographies or sectors, FFP works with various partners.
FFP is invested in co-investment operations with specialized partners in certain sectors or geographies that are less directly accessible by FFP.
with Crescent Point
The Lian is a leading brand e-commerce integrated services provider in China, focused on Asian and mid-sized cosmetics and skincare brands. The company, headquartered in Shanghai, is a B2B outsourcing partner for cosmetics brand (also called “Tmall partner”) allowing them to access the Chinese market through brand-authorized flagship stores, mainly on Tmall as well as other major online commerce and referencing platforms (JD.com, VIPShop, Little Red Book).
FFP invested $14m out of a total commitment of $20m.
1 asset & diversified commitments
FFP has a portfolio of private equity funds, split between the United States, Europe and emerging countries. FFP is also a shareholder of IDI, a small cap investment firm.
Since 2002, FFP has made commitments in private equity funds. This asset class allows FFP to access a large number of companies and sectors of activity with a long-term approach. It also allows it to access sectors or geographical areas to which it would have direct access only with difficulty.
FFP's portfolio is mainly composed of buyout (LBO), expansion, technology growth capital funds and impact investing funds.
In 2018, €122 million were committed to 9 funds, 70 million were called and €33 million distributed .
Total amounts committed
Total capital called
Total capital distributed
Portfolio valuation in 2018
2 assets & co-investments and funds
FFP invests in prime, value-add or development real estate projects, through direct investments, real estate funds or co-investments alongside trusted partners with a proven track record.