Anne Germain ^{Top-Executive}

A private markets investor operating within institutional environments, I work with platforms and fund of funds to build and rebalance private markets portfolios — fund selection, capital allocation, complex situation management, at national and international levels.

I am drawn to situations where the right decision is not obvious: contradictory signals, governance under pressure, a divestment recommendation to defend. That is where LP expertise comes into its own.

Rigour of analysis. Independent judgement. Seeing complex situations through to the end.

I learnt the LP craft at Access Capital Partners, a Paris-based PE fund of funds, where I led over 50 due diligences on European funds. Six years in Singapore gave me a genuine cross-border dimension. Since 2017 at Bpifrance, I have deployed an investment strategy across the full VC/growth spectrum, in France and internationally.

In 2020, during the COVID crisis, I led the structuring of a €650M sovereign investment vehicle to support the French aerospace industry. The challenge: aligning the State, four major industrial groups (Airbus, Safran, Thales, Dassault) and the selected fund manager around shared legal documentation. The fund was operational within a few months and invested in around fifteen companies across the sector.

At Bpifrance, I manage a portfolio of over 80 funds (over 30 management companies), covering digital, life sciences, aerospace and defense. I sit on the advisory boards of 60+ funds, and contribute to strategic portfolio decisions.

My work fits naturally in environments where capital allocation and portfolio construction are at the core of value creation — where senior LP expertise, an international dimension and conviction on strategic industrial sectors are genuinely valued.

anneegermain@proton.me