Groupe VYV

Strategic direction and governance fall under President Stéphane Junique and CEO Delphine Maisonneuve. The group's investment function operates within the federation structure, meaning day-to-day portfolio management is likely distributed across dedicated asset-management teams within the member mutuals, particularly MGEN and Harmonie Mutuelle, rather than concentrated in a single named CIO.

Groupe VYV is a mutual insurance federation, not a family office. Its capital comes from the policyholder-contributions and reserves of its member mutuals, principally MGEN and Harmonie Mutuelle. This mutualist structure means policyholders are also owners, and profits are reinvested rather than distributed to external shareholders.

Groupe VYV acts as a direct investor, particularly in real estate, where it holds assets through dedicated property companies such as SCI Blomet and SCI Immobilière Harmonie. Its venture capital activity has a generalist mandate, and while the specific mix of direct, co-investment, and fund commitments is not publicly detailed, the group's scale and real-asset activity suggest significant direct allocation capability.

Confirmed holdings include the Groupe Arcade-VYV residential portfolio, VYV 3 healthcare facilities, a mixed-use property at 143 rue Blomet in Paris's 15th arrondissement via SCI Blomet, and a commercial real estate vehicle, SCI Immobilière Harmonie. These assets concentrate in France and reflect the group's healthcare and social-infrastructure orientation.

Yes. The group operates two known foundations: Fondation de l'Avenir, which supports applied medical research, and VYV Solidaires, dedicated to social-impact initiatives. These are legally separate philanthropic entities, consistent with French mutualist practice, insulating charitable capital from the group's insurance and investment balance sheets.