Understanding Private Equity Trends

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Club Patrimoine - Retrocessions: A Turning Point for Market Practices?

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Understanding Private Equity Trends

Club Patrimoine - Retrocessions: A Turning Point for Market Practices?

Published on

16/4/2026

Amended on

1/11/2026

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Club Patrimoine Video Interview Roundtable on Kickbacks and Market Practices

To analyze the implications of this decision, assess its impact on the profession, and present Altaroc proposals, Club Patrimoine brought together Frédéric Stolar, CEO and co-founderAltaroc; David Charlet, President of ANACOFI; and Guillaume Goffin, Partner at Gide Loyrette Nouel.

By

Jeanne Lapierre

Jeanne Lapierre

Club Patrimoine - Retrocessions: A Turning Point for Market Practices?

This article has been automatically translated. Please excuse any inaccuracies or translation errors.

Dieser Artikel wurde automatisch übersetzt. Bitte entschuldigen Sie etwaige Ungenauigkeiten oder Übersetzungsfehler.

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Subcontracting: A Turning Point for Market Practices?

Last September, the AMF’s Enforcement Committee issued a ruling that had a particularly significant impact on the entire asset management industry, reigniting the debate over the distributor compensation model. In this context, several asset management firms, including Altaroc, were sanctioned. The Authority criticizes them for failing to provide sufficiently substantiated evidence that the retrocessions paid to their distribution partners were directly linked to a tangible improvement in the quality of services provided to end clients

To analyze the implications of this decision, assess its impact on the profession, and present Altaroc proposals, Club Patrimoine brought together Frédéric Stolar, CEO and co-founderAltaroc; David Charlet, President of ANACOFI; and Guillaume Goffin, Partner at Gide Loyrette Nouel.

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Read the interview on Club Patrimoine via this link

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Club Patrimoine Video Interview Roundtable on Kickbacks and Market Practices

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