# Promepar Asset Management

Promepar Asset Management is an Asset Manager based in Paris, France.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Paris, France
- **Region:** Europe
- **Address:** Immeuble LE VILLAGE 1 – Quartier VALMY, 33 Place RONDE – CS 50246, 92981 PARIS LA DEFENSE CEDEX, France
- **Founded:** 1992
- **Assets under management:** €3.8 billion (per firm disclosure, 2025)
- **Website:** www.promepar.fr
- **LinkedIn:** https://www.linkedin.com/company/promepar-asset-management

## Regulatory record

- **Reports private funds:** No

## About

PROMEPAR Asset Management is the asset management company of BRED since 1992. It focuses solely on asset management, through multi-management and active direct securities management. Its experienced managers and robust organisation serve clients’ interests.

## Sectors

- ESG & Sustainability
- Financials
- Energy Transition & Renewables
- Industrial Tech

## People

- Marc Favard — Chief Executive Officer
- Françoise Epifanie — Chairman
- Erwan Duquoc — Delegated Chief Executive Officer
- Mathieu Breton — Deputy Chief Executive Officer
- Stéphane Parry — Head of Mutual Fund Management
- Sandrine Dumas — Head of Compliance and Internal Control (RCCI)
- Arnaud Morel — Directeur de la gestion sous mandat
- Murielle Hermellin — Head of Socially Responsible Investment
- Arnaud de Calatchi — Head of Advisory Management and Structured Products
- Bassirou Diallo — Risk Manager

## Questions

### What is Promepar Asset Management's relationship with BRED Banque Populaire?

Promepar is a wholly owned subsidiary of BRED, a major French cooperative bank. The firm was created in 1992 as BRED's in-house asset manager, and it operates almost entirely in service of BRED's private-banking, institutional, and corporate client base. This captive structure means Promepar does not run an independent retail or institutional sales force; its product shelf — carrying the BRED brand — is distributed through the parent bank's network.

### How does Promepar Asset Management structure its investment approach?

Promepar divides its investment capabilities into two distinct teams. A direct-selection side manages concentrated portfolios of European equities and bonds based on internal macro, micro, and company-meeting research. A separate fund-of-funds team selects external managers across asset classes, constructing diversified multi-manager allocations with tactical flexibility. Both approaches are run with explicit conviction weightings and no single-style bias.

### What role does ESG and SRI play in Promepar's investment process?

The firm maintains a dedicated SRI product range in fund-of-funds format and integrates ESG criteria into its direct-security analysis when data is available. Murielle Hermellin heads the socially responsible investment effort, and Promepar publishes regular SRI commentary. However, the firm's marketing does not claim exclusionary screens or Article 8/9 SFDR labels across the full product line.

### Who are the key decision-makers at Promepar Asset Management?

CEO Marc Favard is the senior investment voice, with Delegated CEO Erwan Duquoc and Deputy CEO Mathieu Breton forming the executive trio. Stéphane Parry runs mutual fund management, Arnaud Morel directs the discretionary mandate business, and Murielle Hermellin leads SRI. The parent bank exerts governance control through Chairman Françoise Epifanie, who also sits on BRED's executive committee.

## Related profiles

- [Promentum Capital](https://altss.com/profile/promentum-capital)
- [Prometeia Innovation Fund](https://altss.com/profile/prometeia-innovation-fund)

---

Last updated: 2026-08-11T15:07:49.000Z

Canonical page: https://altss.com/profile/promepar-asset-management

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology