Parquest Capital invests in Eres
Parquest Capital invests in Eres, the leading independent player in employee savings and pension plans
For its sixth investment since its spin-off from ING Group in April 2014, Parquest Capital has acquired a minority stake in Eres, alongside its founding partners and its employees, as part of an ambitious development plan
Created in 2005 by its four managing partners (Jérôme Dedeyan, Nicolas Vachon, Hervé Righenzi de Villers and Olivier de Fontenay) who still hold a majority stake, Eres has since enjoyed strong and uninterrupted growth. With 1.5 billion euros of assets under management as at 30/06/16, Eres has established itself as the leading distributor of employee savings products (PEE, PEI, PERCO and PERCOI) and pension insurance products (PERP, company PERP, article 83 …) through a network of more than 1,700 IFAs, insurance brokers and accountants.
Eres also supports its large listed and non-listed client companies with their employee share plans or their employee savings and pension schemes in France and abroad, notably by creating dedicated open-architecture funds and/or by implementing asset/liabilities management solutions for pension plans.
Eres has nearly 20,000 collective contracts and over 3,000 individual contracts totalling more than 120,000 beneficiary employees in very small companies but also large listed corporations.
The transaction represents a new milestone in the development of Eres, which aims at continuing its strong growth momentum, notably by accelerating the development of the pension insurance business.