Investor Information
The information presented on this website does not constitute a contractual element nor investment advice. Past performance is not a reliable indicator of future results. Management fees are included in performance figures. Access to the products and services presented herein may be subject to restrictions for certain individuals or in certain countries. Tax treatment depends on each investor’s specific situation. For complete information on strategic orientations and all fees, please refer to the prospectus, the Key Information Documents, and other regulatory information available on this website or free of charge upon request from the management company’s headquarters.
Investment in financial products and services involves risks, including the risk of total or partial loss of the capital invested in the products/services by investors.
Prior to any investment operation, LBO France Gestion recommends that potential investors seek expert advice in order to gather all relevant financial, tax, or legal information necessary for their decision-making. It is the responsibility of the potential investor to ensure that they understand the financial, tax, or legal consequences of the contemplated operation, as well as its effects on any individuals or legal entities concerned.
Performance indications for financial products/services are not intended to encourage investment, but solely to support the investment decision under consideration by the potential investor.
Performance Indication for Financial Products
The performance of financial products managed by LBO France Gestion does not predict future performance and is therefore not a reliable indicator of future returns. Investments may vary due to market fluctuations affecting the value of the securities or portfolios held.
Remuneration Policy
LBO France Gestion maintains a remuneration policy compliant with applicable regulations, including Directive 2011/61/EU on alternative investment fund managers (AIFM Directive).
These provisions require management companies to implement remuneration policies and practices for specific categories of staff—including senior management, risk-takers, control functions, and any employee whose total remuneration places them in the same bracket as senior management and risk-takers, and whose professional activities have a material impact on the risk profiles of the managers or the Funds they manage. Such policies must be consistent with and promote sound and effective risk management and must not encourage risk-taking (including sustainability risk) that is inconsistent with the risk profiles, rules, or constitutive documents of the managed Funds.
LBO France Gestion’s remuneration rules are designed so that the level of total variable remuneration awarded is aligned with the long-term value created by the management company. The variable portion of remuneration is therefore not solely tied to financial performance and does not encourage excessive risk-taking inconsistent with the financial or sustainability risk profiles of the managed portfolios.
A Remuneration Committee has been established to oversee the implementation of the remuneration policy and periodically review its general principles. This oversight is conducted at least annually.
LBO France Gestion is subject to transparency obligations regarding remuneration. This information is included in the annual report of the managed portfolios and includes the following data:
- Qualitative and quantitative criteria underlying the remuneration policy;
- Number of beneficiaries;
- Total annual gross fixed and variable remuneration for the financial year;
- Annual gross variable remuneration for staff members who have a significant impact on the Fund’s risk profile.
The remuneration policy of LBO France Gestion complies with AMF recommendations, does not encourage teams to take disproportionate risks in connection with potential future remuneration, and considers extra-financial factors through its ESG policy.
Further information on the remuneration policy is available upon request from the management company.
Shareholder Engagement Policy
The Shareholder Rights Directive, as transposed into French law, aims to strengthen long-term investment in companies and promote transparency of investments made by institutional investors.
LBO France Gestion is required to describe and make publicly accessible its long-term engagement with equity issuers in which it invests its funds. This policy sets out LBO France Gestion’s shareholder engagement framework and its voting rights policy. It describes how LBO France Gestion integrates its shareholder role into its investment strategy. It includes the full voting policy and outlines additional measures implemented to strengthen dialogue with issuers.
Except for its voting policy applied consistently at each general meeting in which it participates, the management company follows shareholder engagement criteria as closely as possible. When it does not apply them, or applies them only partially, it explains the reasons in this policy.
Intellectual Property Rights
All elements available on the LBO France Gestion website—including photographs, texts, slogans, drawings, images, sound or non-sound animated sequences, as well as all intellectual creations integrated into the website—are the property of LBO France Gestion or their respective rights holders.
Any reproduction, representation, use, adaptation, or modification, by any means and on any medium, without prior written authorization from LBO France Gestion is strictly prohibited and may result in legal action, particularly for infringement.
Liability
LBO France Gestion cannot be held liable for direct or indirect damages, including material loss, data loss, or financial loss, that may result from connecting to or using the website or the information contained therein.
Despite LBO France Gestion’s utmost care, technical failures may occur. They may result from limited access, incorrect data retrieval, or may be due either to the website itself or to third-party interference. LBO France Gestion declines any liability for damages that may result and undertakes only to initiate corrective procedures as soon as the malfunction is identified.
The website’s updates are under the responsibility of LBO France Gestion. Although the company has made every effort to ensure the accuracy of published information, it cannot be held liable for any loss or damage of any kind resulting from opinions or information published on the website, whether explicitly or implicitly.
LBO France Gestion disclaims all responsibility for any damage resulting from fraudulent intrusion by a third party leading to alteration of the information available on the website.
External Links
The presence of hyperlinks to third-party companies does not under any circumstances imply the existence of a partnership. Links to our website are not permitted without prior written authorization from LBO France Gestion.
Protection of Personal Data
The site is operated by LBO France Gestion, whose registered office is located in France, and these Terms of Use are subject to French law.
Laws and regulations in the country from which users access this site may contain restrictions regarding the distribution of information contained herein. In such cases, the information may not be distributed or used by any individual or entity that must inform itself of and comply with these restrictions.
In accordance with French Law No. 78-17 of 6 January 1978 on information technology, data files, and civil liberties, as amended by the Law of 6 August 2004, users have the right to access, rectify, and delete personal data concerning them. They may exercise this right at any time by sending a letter to the headquarters of LBO France Gestion, to the attention of the Investor Relations department. LBO France Gestion is committed to protecting the confidentiality of users’ personal data. LBO France Gestion reserves the right to amend and update these Terms of Use at any time.
Processing of Investor Personal Data
Investors are informed that in connection with their subscription, LBO France processes personal data concerning them. Personal data is provided directly by the Investor at the time of subscription and throughout the life of the Fund. This includes, in particular: full name, home address, tax residence, telephone number, email address, a copy of passport or national ID card, bank details (bank account identification), and tax identification number.
The processing of the Investor’s personal data is necessary for the execution of the subscription form.
More specifically, LBO France processes this data for the following purposes:
- Enabling subscription, issuance, and registration of the Investor’s Units;
- Carrying out capital calls and distributions;
- Making notifications, requests, inquiries, or other communications related to the Fund Rules;
- Forwarding tax information to authorities regarding IFU, CRS, and FATCA reporting.
Investor personal data is shared with:
- Employees and managers of LBO France to the extent necessary for fulfilling their duties;
- Judicial, regulatory, or tax authorities for anti-money laundering purposes;
- Business partners and subcontractors for investor relationship management.
Personal data collected is stored for the entire lifetime of the Fund.
Beyond this period, certain personal data may be retained for the longest necessary time to comply with applicable legal and regulatory requirements. In accordance with the General Data Protection Regulation (EU) 679/2016, Investors may request access to, rectification or deletion of their personal data, restriction of processing, and data portability.
Investors may also object to the processing of their personal data for legitimate reasons. For any questions regarding personal data protection, Investors may contact our Data Protection Officer, Frédéric Teboul, at InfoRGPD@lbofrance.com.
Complaints Handling Procedure
In accordance with AMF Instruction No. 2012-07, complaint handling is governed by principles of transparency, free of charge, and objectivity.
Complaints may be submitted by email to reclamation@lbofrance.com or by post to:
LBO France Gestion
Attn: Investor Relations Department
24-26 rue Saint-Dominique
75007 Paris
The management company will acknowledge receipt of the complaint within a maximum of ten business days from receipt, unless a response is provided to the client within that period. Except in duly justified exceptional circumstances, a response will be provided within two months of receipt.
In the event of persistent disagreement, the client may contact a mediator, including the AMF Ombudsman:
Autorité des Marchés Financiers
Ms. Marielle Cohen-Branche, AMF Ombudsman
17, place de la Bourse
75082 Paris Cedex 02
The mediation request form and the mediation charter are available on the AMF website.
Conflicts of Interest Policy
LBO France Gestion has established and maintains an operational conflict of interest management policy aimed at defining procedures to detect and manage situations that give rise or may give rise to potential conflicts of interest in the performance of its management activities. For more information, please contact the management company.
Information on fees, commissions, or non-monetary benefits: As part of its collective management activities, LBO France Gestion, as portfolio manager or distributor, informs clients (current or potential) that it may:
- Pay to or receive from third parties (e.g., business introducers, distributors, brokers) fees or commissions;
- Provide or receive non-monetary benefits related to the provision of an investment service or ancillary service to a client.
Further details regarding these fees, commissions, or non-monetary benefits may be provided upon request.
Intermediary Selection Policy
LBO France Gestion has developed a “best selection” policy for intermediaries and counterparties whose execution policies ensure compliance with the obligation to serve clients’ best interests and support market integrity.
The selection of intermediaries and counterparties is based, in particular, on the following criteria:
- Costs associated with order execution;
- Quality of the intermediary’s back office;
- Execution efficiency (execution venues, execution speed, knowledge of the type of instrument);
- Size and nature of the order.
The complete policy is available upon request from the management company.