Insurance

Updated:

CCPMA Prévoyance

Founded in 1994, CCPMA Prévoyance is one of the two founding institutions of Groupe AGRICA, the primary non-profit social protection group for...

CCPMA Prévoyance

Founded in 1994, CCPMA Prévoyance is one of the two founding institutions of Groupe AGRICA, the primary non-profit social protection group for agricultural employees in France. The firm operates under a paritarian governance model, meaning its strategic decisions are jointly made by representatives of agricultural employer groups like the FNSEA and labor unions. Its mandate covers supplementary retirement, provident, and health insurance, generating a pool of retirement-savings assets that require institutional-grade deployment. The entity's asset management leans into a multi-asset framework designed to support long-dated insurance liabilities while seeking real returns. Its portfolio construction spans private credit, hedge fund allocations, and direct real assets. One notable holding includes the commercial property at 21 rue de la Bienfaisance in Paris's 8th arrondissement. The firm also holds a participation in SAEML du Bois de la Mothe Chandenier, a real-asset vehicle based in Les Trois-Moutiers, revealing an allocation to regional French land and forestry alongside its more liquid book. The group operates from its headquarters in Paris and maintains deep institutional ties within France's specific ecosystem of labor-backed institutional investors. It is an active participant in the CTIP, the technical center for provident institutions, and the AF2i, the French association of institutional investors. These bilateral networks facilitate co-investment dialogue and regulatory advocacy. While no recent AUM figure has been publicly disclosed by the firm, Altss estimates its balance sheet totals between $1.5 and $2 billion, placing it as a quiet but persistent allocator in continental Europe. Unlike a standard asset manager, CCPMA Prévoyance's mandate is structurally defensive: its asset base grows through compulsory contributions from a captive audience of agricultural professionals rather than discretionary fundraising. This paritarian governance — splitting power equally between employer syndicates and worker representatives — means every allocation and partnership must pass a strict social-utility filter. That structural constraint filters out purely opportunistic capital, defining a conservative but steady deployment cadence largely invisible to global fundraising cycles.

General information

Firm type

Insurance

Year founded

1994

AUM

$1.5B - $2B (Altss estimate)

Location

Region

Europe

Country

France

City

Paris

Corporate office

Paris, Île-de-France, France

Sector focus

Real EstateHedge FundsPrivate Credit

Frequently asked questions

Who runs investment decisions at CCPMA Prévoyance?

CCPMA Prévoyance does not publicly identify a CIO or specific investment committee members. The firm is governed by a paritarian board composed equally of representatives from agricultural employer federations, such as the FNSEA, and employee unions. Investment strategy is set at this board level and executed by an internal management team as part of the wider Groupe AGRICA framework.

Is CCPMA Prévoyance a single family office or a pension fund?

It is neither. CCPMA Prévoyance is one of the core institutions of Groupe AGRICA, a non-profit, paritarian social protection group. It acts specifically as an insurance entity managing compulsory provident and retirement contributions for French agricultural professionals, placing it in a distinct regulatory category akin to a provident institution that manages its own insurance balance sheet.

Does CCPMA Prévoyance participate in fund commitments or only direct deals?

Its asset-liability matching strategy requires a mix. The portfolio includes direct holdings in French real assets, evidenced by properties like 21 rue de la Bienfaisance and participation in regional land vehicles. Given the scale of its estimated $1.5B-$2B pool and its industry memberships, the firm also allocates to private credit and external hedge fund vehicles, although it does not publicly disclose manager selections.

What is the firm's relationship with Groupama?

Groupama is identified as a historical business partner within the French agricultural insurance sector. Both institutions operate within the same paritarian ecosystem serving rural and agricultural constituents, sharing a lineage of mutualist insurance but maintaining independent governance structures.

How is CCPMA Prévoyance related to the agricultural union FNSEA?

The FNSEA is a foundational governing partner. Under the paritarian system, employer organizations like the FNSEA jointly manage CCPMA Prévoyance alongside employee unions. This gives the union direct influence over the social protection mandates and, by extension, the strategic asset-allocation priorities.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

Need institutional-grade insight on family offices?

Altss delivers:

Principals with verified direct contactsAllocation history by asset classOSINT-derived deal signals
Book a demo

Prefer a guided tour?

We’ll walk you through:

Interactive funding timelinesCustom mandate & allocation filters
Book a demo