Management and teams
The FRR's activities are organized around three departments: a finance department, an operations department, and a legal and communications department. There are also independent control functions.
The FRR's Departments
1 The Finance Department (2 departments)
Asset Allocation Department
He is responsible for long-term investment strategy and manages tactical allocation and currency risk hedging for the FRR.
Delegated Management and Responsible Investment Department
On the one hand, it oversees the selection procedures for external managers and, on the other hand, is responsible for monitoring all of the FRR's management mandates, in particular analyzing portfolio performance and checking that managers have provided all of the financial services required under their mandate.
He is also responsible for investing in mutual funds, monitoring investments in unlisted asset classes (private equity, private debt, infrastructure, real estate, etc.) and ensuring their follow-up.
2 Operations and Risk Management (5 departments)
Financial Performance and Risk Department
He oversees the Fund's financial risks and prepares the work of the Risk Committee.
Operational Risk Department
Middle Office Department
He is responsible for operational relations with management companies and external service providers, validation of valuations, and compliance checks.
Human Resources and Management Control Department
He is responsible for the operational management of human resources and management control, and implements the Fund's internal social and environmental responsibility policy.
The Information Systems, Organization, and Projects Department
It is responsible for the overall management of projects, provision and budgetary monitoring of all applications and services that make up the Fund's IT mapping, working not only with internal service providers within the Caisse des Dépôts group, but also with all external service providers, financial data suppliers and software publishers.
3 Legal and Communications Department
She is responsible for the legal management of the FRR's mandates and contracts and investments made through UCITS, particularly in the context of selection procedures, as well as monitoring the exercise of the FRR's voting rights.
She is responsible for the Fund's communications.
Accounting Agency
The FRR has an accounting officer.
This person is responsible for keeping the Fund's accounts and for storing supporting documents and accounting records. After authorization by the authorizing officer, he or she takes charge of the securities corresponding to the Fund's expenditure and revenue. He or she draws up an annual report on the accounts for the financial year.
The Fund is subject to financial oversight by the State, as well as by the Court of Auditors, the General Inspectorate of Finance, and the General Inspectorate of Social Affairs.
The FRR's auditors are selected through a tender process and appointed for a term of six years. They are responsible for certifying the annual accounts. These firms are also tasked with assisting the Audit and Accounts Committee of the Supervisory Board.
This body, provided for in the Fund's internal regulations, is responsible for preparing the Supervisory Board's deliberations on the approval of the annual accounts and assisting the Board in monitoring results.
Executive assistants
Karine Bocquet
Executive Assistant
Brigitte Daham
Executive Assistant
