Press releases
Dedicated to financing projects aimed at restoring degraded lands, Mirova’s Land Degradation Neutrality (LDN) Fund1 continues its development. Since its first closing2, the Fund has convinced new leading European institutional investors, bringing its total amount of commitments to more than $150 million. At the same time, the Fund and the LDN Technical Assistance Facility3 support new field projects in Africa and Asia.
A pioneer in impact investing, Mirova is pleased to announce that it will be launching a new thematic equity fund which will focus on companies that are committed to promoting gender equality and increasing women’s representation in top-level management.
Operational since its first closing at the end of 2018, the LDN Fund has finalised its first transaction, investing in Urapi Sustainable Land Use (Urapi), a programme focused on restoring degraded land and promoting sustainable land management in Latin America, conceived by the project developer ECOTIERRA. The Fund’s Strategic Board also held its first meeting on the 15th of January.
Mirova is targeting 20 billion assets under management over the next five years by continuing to focus on innovation, to strengthen its offer to institutional clients and the retail sector, and by exploring new areas of impact
Mirova, the leading asset manager dedicated to sustainability investing and affiliate of Natixis Investment Managers, held 250M€ first close for Mirova Eurofideme 4 in late October.
Ecosphere Capital Limited, majority-owned by responsible investment manager Mirova,an affiliate of Natixis Investment Managers, today announces the first close of the Althelia Sustainable Ocean Fund (“SOF”), a new investment fund dedicated to making pioneering impact investments into marine and coastal projects.
Mirova reduces carbon footprint on its consolidated equities portfolio from 3.5°C to 1.7°C in just over two years. Mirova is now within the 2°C trajectory across asset classes as defined by the international community.
Natixis announces the appointment of Hervé Guez as Head of Equities and Fixed Income of Mirova.
Mirova announced the final closing of its renewable energy fund Mirova-Eurofideme 3, with 350M€ commitment, well above its 200M€ initial target. The fundraising has benefited from support by both existing and new institutional investors from several European countries, including the European Investment Bank which invested 40M€.
Mirova is launching the mutual fund Mirova Green Bond - Global, one of the first funds in the world for green bonds. Through this fund, Mirova is asserting its pioneering position on the Green Bond market and offering a funding solution for projects with a high environmental impact, while benefitting from the performance potential of global bonds.
