the purpose of the Framework Agreement is to manage on behalf of CAVAMAC part of the reserves of the compulsory social security schemes for which it is responsible, placed in bonds placed in European convertible bonds. The purpose of this consultation is to select three managers (one of whom will hold a so-called stand-by mandate), who will ensure the takeover and management of two UCIs under French law in the form of Investment Funds with General Vocation (Fivg) intended almost exclusively for CAVAMAC (one fund each). The contract is a framework agreement giving rise to the issuance of purchase orders, with no minimum amount with a maximum of 200 million euro (s). Given the importance of the overall amount given in management, the ability of market participants to manage substantial amounts and a desire to diversify risks, this framework agreement is concluded with several economic operators (multi-award framework agreement)

the overall amount envisaged for all mandates is approximately 157 million. This amount may increase or decrease during the term of office.