short-right-arrow logoMobile media-pie 1 7 % share download email linkedin round-download

Privacy Preference Centre

Your Privacy

When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. We use two types of cookies on our website: cookies which are necessary for this website to function and analytics cookies. Because we respect your right to privacy, you can choose not to allow some types of cookies. Click on the different category headings to find out more and change our default settings. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.

Strictly Necessary Cookies

These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Cookies used

  • CookieNotice
  • CookieAnalytics

Analytics Cookies

These are Google Analytics cookies which allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site and social media platforms All information these cookies collect is aggregated and therefore anonymous. This cookie is defaulted to ‘Active’, which means we will be able to track, on any anonymous basis, how many visitors we have to our site, and monitor its performance. If you wish to turn them off you can do so by unticking ‘Active’ and clicking ‘Save and Accept Cookies’. For more information on how these cookies work, including a link through to the Google Privacy Policy which sets out further information about data which Google may collect in the course of providing us with Analytics.

Cookies used

  • _ga

Targeting Cookies

We use necessary cookies to make our site work. We also use analytics cookies which collect information about how visitors use our website and help us to improve it; these are defaulted to ‘Active’, if you wish to turn them off you can do so through the Cookie Settings. Please be aware that by blocking some types of cookies it may impact your experience of the site and the services we are able to offer. For more information about any of these cookies and our use of them, or to change your settings at any time, please see Cookie Settings and our Cookies Policy.

Bridgepoint in the News

28 March 2022

BDC exits investment in Groupe CIR

BlackFin Capital Partners, leading European investor in the financial services sector with €2 billion euros in assets under management, has signed an agreement to become majority shareholder of Groupe CIR, French leader in design, structuring and distribution of savings products based on underlying city-center real estate. BlackFin will replace Bridgepoint Development Capital to support the management team led by CIR founders François Larrère and Franck Temim as they embark on a new phase of growth.

Founded in 1988, Groupe CIR has established its position as independent specialist in city-center real-estate investment. The Group provides French savers and institutional investors with products based on underlying high-quality city-center real estate through three offers: CIR for direct investment in Malraux products, land deficits and historic monuments, Urban Premium for indirect investment through housing and yield real estate investment companies, and Agarim for bare ownership investment. The Group markets more than 1250 investment packages a year through a network of over 800 banking partners and asset management advisors.

Since 2017, with Bridgepoint’s support, CIR has more than doubled in size, boosting its revenue to over €25 million while consolidating its core business and accelerating diversification, notably through integration of Agarim and partnerships signed with top-flight institutional investors.

BlackFin will become the majority shareholder in Groupe CIR and its subsidiaries, alongside its founders, François Larrère and Franck Temim and the management team. They share the same ambition to accelerate the Group’s growth with the aim of offering more high-quality products to the savers and institution investors making up its customer base. Completion of the operation is subject to regulatory approval.

Francois Larrere Chairman of Groupe CIR:

“In this press release we talk about the year – 1998 – in which CIR was created.

It is legitimate to ask questions about the reasons behind a company’s long-term success.

Why do some achieve excellence over all these years? How do they continue to thrive despite the troubled periods that inevitably arise in the natural course of events?

GROUPE CIR has become leader in its business sector by consistently fostering development, change and renewal and setting itself challenging targets.

Most important, it has forged its character through a corporate culture whose first principle defines ‘Quality’ as nothing other than customer satisfaction.

This success is built on the skills and motivation of all the partners who have collaborated with us in a spirit of shared success.

During these five years of collaboration with Bridgepoint Development Capital, CIR Groupe has enjoyed significant growth in every aspect of its business.

Today, alongside BlackFin Capital Partners, we are ready to embark on a new period of strong growth. Our relationship is established, based on agreements setting the ‘Course to Follow’ for shared prosperity.“

Franck Temim, CEO of Groupe CIR: “Capitalizing on our Group’s unique positioning in France, we are keen to participate in growth of a savings market fueled by strong demand from private and institutional investors by proposing a broad range of high-quality and environmentally sustainable investment opportunities based on underlying real-estate assets.

The arrival of a major specialist such as BlackFin Capital Partners as new shareholder gives us the enthusiasm and ambition to accelerate our growth and diversification.“

Bertrand Demesse, Partner at Bridgepoint Development Capital : “We are very proud to have had the opportunity to accompany Groupe CIR in its ambitious development over the last few years. From the beginning of our collaboration at end 2017, Groupe CIR has considerably accelerated its growth, doubling in size by strengthening its core business and accelerating its diversification. Today, more than ever, Groupe CIR has all the strengths it needs to continue growing under the leadership of a talented management team.”

Bruno Rostain, Founding Partner at BlackFin Capital Partners: “We are very enthusiastic about the idea of working with CIR’s management team to write the next page of the Group’s history. We will support its growth initiatives, particularly as concerns institutional investors, digitization and a policy of targeted acquisitions.”


Contact us

If you are interested in working for Bridgepoint, please complete the form below.


Investor reports registration

To access investor reports through the web based reporting facility, please fill in the form to register for an account.

The information submitted on this form will be used for the sole purpose of registering you as an account user and will not be shared with third parties.


Request a copy of The Point

Mandatory fields are marked as (required*)