Capital Management France

What Capital Management France does

Capital Management France (CMF) is an independent financial investment advisory firm (CIF) registered with the Autorité des Marchés Financiers (AMF) via CNCEF (number D009319) and with Orias (number 13000649). Founded in 2008 in Paris and led by President-Founder Pierre Doize, CMF provides bespoke investment solutions including structured products, actively managed certificates (AMCs), private debt, investment funds, wealth engineering, and dedicated fund mandates to wealth managers, corporate treasurers, and institutional investors. Core solutions are delivered through an open-architecture model with privileged relationships across Goldman Sachs, Morgan Stanley, Société Générale, BNP Paribas, Credit Suisse, Citibank, and 10+ additional banking partners, enabling competitive bidding and access to a wide range of issuers and underlyings.

CMF's product surface spans five core pillars (structured products, AMCs, private debt, investment funds, and wealth engineering) plus mandate modules with EUR 1M-10M minimums, and life insurance brokerage. The firm does not operate proprietary technology platforms; it leverages its open-architecture banking network for product structuring and distribution. In December 2023, CMF acquired a 35% equity stake in VIA AM (Veritas Investment Associates) to add collective and dedicated management mandates and to access VIA AM's technology for digital development. A 9-person senior team with over 100 years of cumulative experience supports a relationship-led, advisory-style go-to-market with multi-year mandate contracts. 2022 activity included EUR 1 billion+ nominal traded across 180 structured product launches. Revenue derives from advisory fees on structured product mandates and equity-linked returns through the VIA AM minority interest, with pricing quoted individually per engagement and not publicly disclosed.

Name

Capital Management France

Legal name

Capital Management France

Website

https://cmf.finance

Company type

Private

Founded year

2008

Operating status

Operating

Short description

Capital Management France is an independent Paris-based financial investment advisor (CIF) founded in 2008 that designs bespoke structured products, AMCs, private debt, and wealth engineering solutions for wealth managers, corporates, and institutional investors via an open-architecture model.

Ownership category

akta.pro rank

Product category

Financial Investment Advisory

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industry

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

Keywords

• Financial investment advisory
• Structured products advisory
• Wealth management consulting
• Open architecture finance
• Institutional wealth solutions

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Financial Investment Advisory Fees: CMF generates revenue through advisory fees charged for bespoke investment consulting services. As a CIF (Conseiller en Investissements Financiers) registered with AMF via CNCEF, the firm earns fees for advising on and structuring investment solutions including structured products, AMCs, private debt, and investment funds. The firm operates on a transaction and/or retainer basis typical of financial advisory practices serving professional and institutional clients.
2. Asset Management Partnership (VIA AM): CMF holds 35% equity stake in VIA AM, an asset management company founded in 2015 in Paris. This strategic partnership enables CMF to offer private portfolio management mandates and mandates on structured products, creating a recurring revenue stream through its ownership interest in the asset management platform. The partnership generates management fees from collective management and dedicated management mandates offered to CMF's client base.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Capital Management France is an independent financial investment advisory firm that designs and delivers bespoke investment solutions in open architecture. Its core offerings include customized structured products, Actively Managed Certificates (AMCs), private debt solutions, investment fund distribution, and wealth engineering services, complemented by mandate management and dedicated fund vehicles. The firm serves investment professionals, corporate treasurers, and institutional investors with minimum investment thresholds ranging from EUR 1M to EUR 10M.

Product overview

Capital Management France (CMF) is an independent financial investment advisory company operating since 2008, offering a suite of bespoke investment solutions in open architecture. The core offering comprises five main pillars: (1) Structured Products for customized investment solutions indexed to equities, fixed income, credit, and commodities; (2) AMC (Actively Managed Certificates) providing flexible, customizable investment vehicle; (3) Private Debt for real economy financing; (4) Investment Funds through an exclusive partner network; and (5) Wealth Engineering for comprehensive asset structuring. Supporting modules include Structured Product Mandate Management (from €1M), Generalist Mandate Management (fully customized multi-asset), Dedicated Funds (from €10M), and Life Insurance Brokerage. The company serves wealth management professionals (CGPs, family offices), corporates, and institutional investors, leveraging partnerships with leading financial institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• Structured Products (Produits structurés) Customized open-architecture structured products indexed to various asset classes (equities, fixed income, credit, commodities), designed and advised by experienced professionals with 15 years of expertise. Targeted at investment professionals and institutional clients.
• Actively Managed Certificates (AMC) Actively managed certificates that encapsulate investment strategies in a flexible, customizable format. All parameters are customizable including investment universe (UCITS, structured products, equities, bonds, crypto), currency hedging, rebalancing, and fee structure. Minimum investment EUR 3M with launch within J+15 days.
• Private Debt (Dette privée) Private debt investment solutions enabling participation in the financing of the real economy across sectors including real estate, transport, and energy, offering diversification, yield premium, and decorrelation benefits. Targeted at professional and institutional investors.
• Investment Funds (Fonds d'investissement) Access to exclusive fund managers and management companies through CMF's partner network, with strategies selected based on market timing and investor objectives. Designed for wealth management professionals and institutional investors.
• Structured Product Mandate Management (Gestion sous mandat de produits structurés) Mandate management for structured products starting from EUR 1M, offering administrative simplicity, competitive pricing through elimination of referencing fees, and access to a wide range of issuers, formulas, and underlyings. Multi-year contract engagement.
• Generalist Mandate Management (Gestion sous mandat généraliste) Fully customized asset management in open architecture, adaptable to investor profiles with multi-asset class allocation (ETFs, equities, UCITS, structured products) across French and Luxembourg life insurance contracts and securities accounts.
• Dedicated Funds (Fonds dédiés) Dedicated fund management starting from EUR 10M, offering multi-support options across French and Luxembourg life insurance or capital redemption contracts and securities accounts. Active, profiled, and flexible management.
• Wealth Engineering (Ingénierie Patrimoniale) Comprehensive wealth management service including structuring, development, protection, and transmission of client assets based on specific objectives, delivered by a dedicated internal team led by Charles-Henry Pérennès. Targets sophisticated clients seeking patrimony advisory.
• Life Insurance Brokerage (Courtage en assurance-vie) Life insurance brokerage services adapted to client objectives, leveraging deep market knowledge to identify the most suitable insurance solutions for unique financial needs.

Quantifiable outcome

• EUR 1 billion+ nominal traded in 2022
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

14 partnerships are on record, tiered core and minor.

• VIA AM (Veritas Investment Associates)coreStrategic or Co-development Partner · 7 December 2023CMF acquired 35% equity stake in VIA AM, a Paris-based systematic fundamental asset management company founded in 2015. VIA AM offers collective management and dedicated management mandates, adding private wealth management to its range of high-value-added open funds. VIA AM's advanced technology will enable CMF to accelerate its digital development for improved client information access, decision support, and customer experience. Guillaume Dolisi remains President of VIA AM with Hicham Qasmi and Jordan Alloun appointed as Managing Directors.
• L'École d'ArtminorStrategic or Co-development Partner · 30 August 2023CMF entered the capital of L'École d'Art, a visual arts school founded in 2019 by Vincent Villard and Julie Le Guern in Montreuil, France. The school prepares students for competitions at art schools in France and Europe and offers a 3-year superior cycle in visual arts. CMF's entry reinforces its commitment to innovation, human development, and socially engaged projects. Pierre Doize, President and Founder of CMF, stated that art and finance are complementary rather than exclusive.
• Goldman SachscoreChannel Partner/ Reseller/ DistributorGoldman Sachs is listed among CMF's banking partners for structured product issuance and distribution. As one of the leading investment banks, Goldman Sachs provides access to capital markets and structured product solutions in open architecture.
• Société GénéralecoreChannel Partner/ Reseller/ DistributorSociété Générale is a key banking partner providing structured product issuance capabilities and market access for CMF's open-architecture investment solutions.
• Morgan StanleycoreChannel Partner/ Reseller/ DistributorMorgan Stanley partners with CMF as one of the leading investment banks providing structured product solutions and market access.
• BNP ParibascoreChannel Partner/ Reseller/ DistributorBNP Paribas is listed among CMF's banking partners for providing structured product issuance and financial market access.
• Credit SuissecoreChannel Partner/ Reseller/ DistributorCredit Suisse listed as a banking partner providing investment banking services and structured product capabilities.
• CitibankcoreChannel Partner/ Reseller/ DistributorCitibank partners with CMF as a major financial institution providing market access and structured product issuance.
• CM CICminorChannel Partner/ Reseller/ DistributorCM CIC (Caisse Mutuelle Crédit Mutuel) listed as a banking partner, providing regional market access and financial services capabilities.
• CIBCminorChannel Partner/ Reseller/ DistributorCIBC (Canadian Imperial Bank of Commerce) listed as an international banking partner for structured product issuance and market access.
• EFG (EFG Bank)minorChannel Partner/ Reseller/ DistributorEFG Bank listed as a Swiss private banking partner providing international wealth management solutions.
• MarexminorChannel Partner/ Reseller/ DistributorMarex listed as a financial services partner providing commodities, energy, and financial markets access.
• BBVAminorChannel Partner/ Reseller/ DistributorBBVA (Banco Bilbao Vizcaya Argentaria) listed as an international banking partner with presence in European and Latin American markets.
• Arkéa (Banque Populaire Arkéa)minorChannel Partner/ Reseller/ DistributorArkéa (Banque Populaire group) listed as a regional French banking partner providing financial services capabilities.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Cyrus Conseil: French independent wealth management and financial investment advisory firm serving HNW clients with open-architecture solutions, structured products, and mandate management — directly comparable niche positioning to CMF in the French CIF market.
• La Française: French asset management group offering multi-asset, structured products, and wealth management solutions with a strong presence among HNW and institutional clients in France — comparable in mandate and product breadth.
• Banque Privée 1818: French private bank offering bespoke wealth engineering, structured products, and mandate management to HNW clients — competes directly with CMF for sophisticated French investor mandates.
• Vatel Capital: Paris-based independent firm specializing in private debt and bespoke investment solutions for private investors and HNW clients, overlapping with CMF's private debt and structured product offerings.

Broad incumbents

• Lazard Frères Gestion: French asset management affiliate of Lazard providing bespoke portfolio management and investment advisory to institutional and private clients — competes with CMF's generalist mandate management and Solvency II-aware offerings.
• Indosuez Wealth Management: Wealth management arm of Crédit Agricole CIB serving HNW and family offices globally with structured products, AMCs, and advisory mandates — broader incumbent offering overlapping with CMF's institutional and family office segment.
• SwissLife Banque Privée: French private bank within the SwissLife group offering wealth engineering, structured products, and advisory services to HNW clients — overlapping with CMF's offering in the French HNW segment.
• Rothschild & Co: Global independent advisory group with substantial wealth and asset management businesses serving UHNW and institutional clients with bespoke structured solutions — broad incumbent competing for high-end French and European mandates.
• Oddo BHF: European private bank and asset manager with active structured product issuance, private debt capabilities, and wealth management in France — comparable to CMF's open-architecture approach at larger scale.

Regional players

• Primonial Ingénierie Patrimoniale: French wealth engineering and advisory platform serving HNW clients with structured products, life insurance, and dedicated mandates — comparable to CMF's wealth engineering and CIF advisory services within the French market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Management France