Rothesay and CCF to acquire €6.7bn portfolio of French home loans from HSBC

Written by Adam Cadle

18/07/2025

Rothesay, together with consortium partner CCF Group (CCF), has signed a memorandum of understanding with HSBC Continental Europe, agreeing to acquire a €6.7bn portfolio of French home loans.

The majority of the portfolio consists of 25-year, fixed-rate, secured home loans for residential properties in France. The acquisition, sourced through Rothesay’s in-house asset origination and management team headquartered in London, adds to the insurer’s significant investment portfolio of high-quality illiquid assets which includes long-term, fixed-rate residential mortgages, lifetime mortgages, social housing and commercial real estate.

Prateek Sharma, chief investment officer at Rothesay, commented: “This collaboration with CCF demonstrates the ability of Rothesay’s in-house investment team to source and manage high-quality assets across key international markets. Assets like these form an important part of our cautious, long-term investment strategy, generating predictable and dependable returns to create real security for our policyholders and the more than one million pensions we protect.”

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