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Mandarine Gestion
Mandarine Gestion is a financial management firm founded in 2008 in Paris, France. It offers asset management and funds of convictions through equities...
Mandarine Gestion
Mandarine Gestion is a financial management firm founded in 2008 in Paris, France. It offers asset management and funds of convictions through equities selection and asset allocation. The firm was acquired by LFPI Group in April 2023.
General information
Firm type
Asset Manager
Year founded
2008
Location
Region
Europe
Country
France
City
Paris
Corporate office
Paris, France
Principals
Marc Renaud
Founder and President
Sector focus
Frequently asked questions
Who founded Mandarine Gestion and who runs investment decisions today?
Marc Renaud founded Mandarine Gestion in 2008 after serving as CIO of CCR Asset Management. He remains President and a portfolio manager on the firm's core strategies. Investment decisions are made by individual portfolio managers—including Adrien Dumas, Diane Bruno, and Yohan Salleron—who run their mandates with significant autonomy within the firm's shared value-oriented philosophy.
What investment strategies does Mandarine Gestion offer?
Mandarine offers four primary equity strategies: French small-cap value (Mandarine Opportunités), European micro-cap (Mandarine Europe Microcap), and two SRI-labeled value strategies (Mandarine Reflex SRI and Mandarine Valeur SRI). All are long-only, bottom-up, and concentrated—typically holding 40 to 60 stocks with low annual turnover.
Does Mandarine Gestion disclose its total assets under management?
The firm does not routinely publish a consolidated AUM figure. French regulatory filings and press reports have historically placed its assets in a range of €1.5 billion to €3 billion, though no current confirmed number is publicly available.
Where does Mandarine Gestion invest geographically?
The firm invests primarily in France and continental Europe, with focus countries including Germany, Italy, and the Benelux region. Its micro-cap strategy extends coverage across all European Union markets. Mandarine does not invest in North America, Asia, or emerging markets in any of its core strategies.
How does Mandarine Gestion integrate ESG into its investment process?
Mandarine manages two funds carrying the French government's SRI label: Mandarine Reflex SRI and Mandarine Valeur SRI. Both apply ESG exclusion screens and positive selection criteria layered on top of the firm's fundamental value process. The firm also publishes a proprietary ESG rating framework used across all strategies, even those that do not carry formal SRI designation.
What is Mandarine Gestion's ownership structure?
Mandarine Gestion is an employee-owned boutique. Founder Marc Renaud holds a majority stake, with other senior portfolio managers and key executives holding equity. The firm has remained independent since 2008, avoiding acquisition despite consolidation among French small-cap specialists.
Does Mandarine Gestion participate in private markets or direct co-investments?
No. Mandarine is exclusively a public-equity manager. It does not manage private equity, private credit, real assets, or direct co-investment vehicles. Its entire book is comprised of liquid European listed equities, making it a pure-play allocation for investors seeking public-market small-cap exposure.
Profile maintained by Altss 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.
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