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Qualium Investissement

PRI reporting framework 2019

Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - HF 01]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Innovation [SG 18] Communication [SG 19]

Direct – Private Equity

Overview [PE 01 - 02] Fundraising of private equity funds [PE 03 - 04] Pre-investment (selection) [PE 05 - 08] Post-investment (monitoring) [PE 09 - 13] Outputs and outcomes [PE 14 - 15] Communication [PE 16]

Confidence building measures

Confidence building measures [CM1 01 - 07]

Export Public Responses

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Basic information

OO 01. Signatory category and services

01.1. Select the services and funds you offer

Select the services and funds you offer	% of asset under management (AUM) in ranges
Fund management	0% <10% 10-50% >50%
Fund of funds, manager of managers, sub-advised products	0% <10% 10-50% >50%
Other	0% <10% 10-50% >50%
Total 100%

Further options (may be selected in addition to the above)

Hedge funds

Fund of hedge funds

01.2. Additional information. [Optional]

Qualium Investissement is one of the leading players in the French private equity market with c. €2.5 bn capital raised since 1998 from its main sponsor, the Caisse des Dépôts Group (a public French institutional investor serving the general interest and economic development), and over 40 French and foreign third-party subscribers: pension funds, insurance companies, banks, private individuals, etc.

Qualium Investissement invests in equity through LBO transactions, as a majority shareholder, and offers customized, innovative and sustainable solutions to ensure each company’s long-term development

For 20 years, the funds managed by Qualium Investissement have invested in more than 60 companies active in all major French business sectors (industry, agri-food, specialized distribution, engineering, etc.).

Qualium Investissement manages a portfolio of 11 active investments, representing combined sales of more than €1.6bn and totaling ca 9,000 employees.

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

France

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

20 FTE

02.4. Additional information. [Optional]

Historically, Qualium Investissement was a 100% subsidiary of the Caisse des Dépôts, one of the first PRI signatories. In accordance with the group policy, each PRI signatory subsidiary used to report on PRI on its own side.

Since November 2017 and the launch of its last fund 'Qualium Fund II', the management team became the main shareholder of Qualium Investissement while Caisse des Dépôts remained a minority shareholder with 30% of the capital and the sponsor of the team.

Qualium Investissement will pursue the same investment strategy philosophy and will continue to report as a signatory of the PRI.

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

Historically, Qualium Investissement was a 100% subsidiary of the Caisse des Dépôts, one of the first PRI signatory. In accordance with the group policy, each PRI signatory subsidiary used to reports on PRI on its own side.

Since November 2017, and the launch of its last fund "Qualium Fund II", the management team became the main shareholder of Qualium Investissement while Caisse des Dépôts remained a minority shareholder with 30% of the capital and the sponsor of the team.

Qualium Investissement will pursue the same investment strategy philosophy and will continue to report as a signatory of the PRI.

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2018

04.2. Indicate your total AUM at the end of your reporting year.

Include the AUM of subsidiaries, but exclude advisory/execution only assets, and exclude the assets of your PRI signatory subsidiaries that you have chosen not to report on in OO 03.2

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

Not applicable as we are in the fund-raising process

04.4. Indicate the total assets at the end of your reporting year subject to an execution and/or advisory approach.

Not applicable as we do not have any assets under execution and/or advisory approach

04.5. Additional information. [Optional]

OO 06. How would you like to disclose your asset class mix

06.1. Select how you would like to disclose your asset class mix.

as percentage breakdown

	Internally managed (%)	Externally managed (%)
Listed equity	0 0	0 0
Fixed income	0 0	0 0
Private equity	>50% 100	0 0
Property	0 0	0 0
Infrastructure	0 0	0 0
Commodities	0 0	0 0
Hedge funds	0 0	0 0
Fund of hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	0 0
Cash	0 0	0 0
Money market instruments	0 0	0 0
Other (1), specify	0 0	0 0
Other (2), specify	0 0	0 0

as broad ranges

06.2. Publish asset class mix as per attached image [Optional].

06.3. Indicate whether your organisation has any off-balance sheet assets [Optional].

Yes

06.5. Indicate whether your organisation uses fiduciary managers.

Yes, we use a fiduciary manager and our response to OO 5.1 is reflective of their management of our assets.

No, we do not use fiduciary managers.

06.6. Provide contextual information on your AUM asset class split. [Optional]

OO 07. Fixed income AUM breakdown (Not Applicable)

OO 08. Segregated mandates or pooled funds (Not Applicable)

OO 09. Breakdown of AUM by market

09.1. Indicate the breakdown of your organisation’s AUM by market.

100 Developed Markets

0 Emerging Markets

0 Frontier Markets

0 Other Markets

Total 100% 100%

09.2. Additional information. [Optional]

Qualium Investissement investment focus is the French mid-market. However Qualium Investissement has the possibility to invest part of the funds commitments out of France (usually 15% of the funds commitments).

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