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Article R214-205 of the French Monetary and Financial Code

I. – Articles R. 214-32-18 to R. 214-32-21, article R. 214-32-27, I of article R. 214-32-28 and articles R. 214-32-29, R. 214-32-32 to R. 214-32-36, R. 214-32-38 to R. 214-32-42, R. 214-36, R. 214-39 and R. 214-43 do not apply to funds covered by this sub-paragraph. However, professional private equity funds must comply with the following rules: 1° No more than 50% of the assets of a professional private equity…

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