The Caisse des Dépôts et Consignations, Paris, the investment arm of the French government, is seeking active flexible multiasset managers to run €474 million ($552 million) for its €14 billion pension fund, said a notice on the European procurement website Tenders Electronic Daily.
The search will take place in two stages: The first phase is open to all money managers, and then eight finalists will be selected to participate in the second stage. Responses for the first phase are due by 11:30 a.m. Central European Time on July 30.
A spokeswoman declined to provide further information.
