Mirova US Appoints Two Business Executives To Bolster Its Development In North America
In line with its global development plan, Mirova US LLC (Mirova US) and its parent Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, announce the hire of two business executives to promote Mirova's wide range of sustainable strategies to institutional investors in North America.
Mirova US is appointing Stéphane Detobel and Francis Verpoucke, two highly recognized business professionals in the North American region. The B Corp1 certified company Mirova intends to build on its solid base in the region, combined with its recognized expertise in sustainable strategies across all asset classes, to offer diversified investment solutions to US and Canadian institutional investors.
With over 60% of the global assets under management in 20222, expected to grow up to 70% over the next five years, North America continues to be a strategic market for asset managers with ambitious global development goals such as Mirova. Established in the United States in 2017, Mirova US currently employs 26 people and manages USD9.4 billion3, most notably through the development of its global sustainable equity strategy.
Having worked as a duo for over two decades, first at Amundi in Europe and North America for 12 years and more recently at TOBAM as both Managing Directors North America, Stéphane and Francis will initially promote Mirova’s global equity, global fixed income, energy transition infrastructure and private equity strategies. In the future, Mirova intends to open its natural capital expertise to North American investors as well.
In an increasingly complex, fast-changing financial landscape, institutional investors are expressing growing interest in diversified investment solutions which offer value creation over the long term, while mitigating the risks and maximizing the opportunities posed by the environmental and social challenges the global economy is faced with.
With over 1,000 clients based across all continents, Mirova and its affiliates have become a recognized leader in sustainable finance, with nearly €28.4 billion in assets under management and more than 220 employees in Paris, London, Boston, Singapore and Nairobi4.
Philippe Zaouati, CEO of Mirova, said: “Since its creation ten years ago, Mirova has managed to build a solid reputation as a global player in sustainable investing. We are now accelerating our development across the Atlantic, where our ambition is to double the weight of our activity by 2030, as North American investors show a strong appetite for the energy transition and an interest in diversification towards European assets. I am fully confident that Guillaume Abel’s Business Development’s team, headed by Zineb Bennani, now with Stephane and Francis’s support, will bring forward our strategic development at a global level.“
Zineb Bennani, CEO of Mirova US and Global Head of Business Development of Mirova, said: “As we expand, the North American market has become extremely important for Mirova. We believe that institutional investors in the region are increasingly searching for innovative, diversified investment solutions designed to accelerate the transformation of the economy towards a more sustainable model. We are delighted to welcome Stéphane and Francis, who are both experienced professionals, to help us reach our strategic goals. I have no doubt they will be a considerable asset for Mirova.”
Stéphane Detobel, Executive VP Institutional Business North America at Mirova US, said: “We are thrilled to join Mirova US’ teams to promote their wide range of investment solutions. As the beating heart of global finance, North America is a key market to spread a more responsible form of finance in both private and public assets.”
Francis Verpoucke, Executive VP Institutional Business North America at Mirova US, said: “We believe that US and Canadian institutional investors are looking for innovative sustainable investment solutions which identify opportunities, anticipate risks and meet their expectations in terms of performance, both on listed and private assets.”
Stéphane and Francis will be based in New York and will report to Zineb Bennani.
Stéphane Detobel, Executive Vice-President Institutional Business North America at Mirova US
Mr. Detobel joined TOBAM North America in 2013 as Managing Director North America, Business Development, after having spent 12 years with Amundi in Europe and North America. He began his career in 1993 as senior auditor at Deloitte Belgium. He subsequently joined State Street Global Advisor in Brussels as Head of Client Servicing for Continental Europe. In 2001 he joined Amundi Benelux where he opened the Brussels office and significantly contributed to grow the local business. In 2008 Mr. Detobel created Amundi USA to start and run Amundi’s activities in the US. Mr. Detobel holds a Master in Law from the Catholic University of Louvain (UCL). He also holds a degree from the European Financial Analysts Association.
Francis Verpoucke, Executive Vice-President Institutional Business North America at Mirova US
Mr. Verpoucke joined TOBAM North America in 2013 Managing Director North America, Business Development, after having spent 12 years with Amundi in Europe and North America. He began his career in 1996 as an auditor at PriceWaterhouseCoopers Belgium. He subsequently joined State Street Global Advisor in Brussels as Client Service officer, before moving to Amundi, where he covered the Dutch, Belgian and Luxembourg market. In 2008, he joined Amundi USA to be in charge of business development and client servicing for US investors. Mr. Verpoucke holds a Master's degree in Business and Finance from the Catholic University of Leuven and a Master degree in Accounting and Audit. He also holds a degree from the European Financial Analysts Association.
1 B Corp Certification is a designation that a business is meeting high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials. Certified since 2020, Mirova reapplies for the B Corp Certification every three years. The annual fee for maintaining the certification is €30,000 as well as a €250 for a submission fee. Support from Nuova Vista is €15,450. To find the complete B Corp certification methodology, please visit the B Corp website here: https://www.bcorporation.net/en-us/certification
2 Sources: PwC Global AWM & ESG Research Centre, Refinitiv Lipper, Preqin
3 As of September 2023.
4 As of September 2023.
Mirova
Mirova is an affiliate of Natixis Investment Managers.
Portfolio management company – French Public Limited liability company
Regulated by AMF under n°GP 02-014
RCS Paris n°394 648 216
59, Avenue Pierre Mendes France – 75013 – Paris.
www.mirova.com
Natixis Investment Managers
Natixis Investment Managers is a subsidiary of Natixis.
Portfolio management company - French Public Limited liability company
RCS Paris n°453 952 681
43, Avenue Pierre Mendes France – 75013 – Paris.
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2023 Natixis Investment Managers S.A. – All rights reserved
Mirova US is appointing Stéphane Detobel and Francis Verpoucke, two highly recognized business professionals in the North American region. The B Corp1 certified company Mirova intends to build on its solid base in the region, combined with its recognized expertise in sustainable strategies across all asset classes, to offer diversified investment solutions to US and Canadian institutional investors.
With over 60% of the global assets under management in 20222, expected to grow up to 70% over the next five years, North America continues to be a strategic market for asset managers with ambitious global development goals such as Mirova. Established in the United States in 2017, Mirova US currently employs 26 people and manages USD9.4 billion3, most notably through the development of its global sustainable equity strategy.
Having worked as a duo for over two decades, first at Amundi in Europe and North America for 12 years and more recently at TOBAM as both Managing Directors North America, Stéphane and Francis will initially promote Mirova’s global equity, global fixed income, energy transition infrastructure and private equity strategies. In the future, Mirova intends to open its natural capital expertise to North American investors as well.
In an increasingly complex, fast-changing financial landscape, institutional investors are expressing growing interest in diversified investment solutions which offer value creation over the long term, while mitigating the risks and maximizing the opportunities posed by the environmental and social challenges the global economy is faced with.
With over 1,000 clients based across all continents, Mirova and its affiliates have become a recognized leader in sustainable finance, with nearly €28.4 billion in assets under management and more than 220 employees in Paris, London, Boston, Singapore and Nairobi4.
Philippe Zaouati, CEO of Mirova, said: “Since its creation ten years ago, Mirova has managed to build a solid reputation as a global player in sustainable investing. We are now accelerating our development across the Atlantic, where our ambition is to double the weight of our activity by 2030, as North American investors show a strong appetite for the energy transition and an interest in diversification towards European assets. I am fully confident that Guillaume Abel’s Business Development’s team, headed by Zineb Bennani, now with Stephane and Francis’s support, will bring forward our strategic development at a global level.“
Zineb Bennani, CEO of Mirova US and Global Head of Business Development of Mirova, said: “As we expand, the North American market has become extremely important for Mirova. We believe that institutional investors in the region are increasingly searching for innovative, diversified investment solutions designed to accelerate the transformation of the economy towards a more sustainable model. We are delighted to welcome Stéphane and Francis, who are both experienced professionals, to help us reach our strategic goals. I have no doubt they will be a considerable asset for Mirova.”
Stéphane Detobel, Executive VP Institutional Business North America at Mirova US, said: “We are thrilled to join Mirova US’ teams to promote their wide range of investment solutions. As the beating heart of global finance, North America is a key market to spread a more responsible form of finance in both private and public assets.”
Francis Verpoucke, Executive VP Institutional Business North America at Mirova US, said: “We believe that US and Canadian institutional investors are looking for innovative sustainable investment solutions which identify opportunities, anticipate risks and meet their expectations in terms of performance, both on listed and private assets.”
Stéphane and Francis will be based in New York and will report to Zineb Bennani.
Stéphane Detobel, Executive Vice-President Institutional Business North America at Mirova US
Mr. Detobel joined TOBAM North America in 2013 as Managing Director North America, Business Development, after having spent 12 years with Amundi in Europe and North America. He began his career in 1993 as senior auditor at Deloitte Belgium. He subsequently joined State Street Global Advisor in Brussels as Head of Client Servicing for Continental Europe. In 2001 he joined Amundi Benelux where he opened the Brussels office and significantly contributed to grow the local business. In 2008 Mr. Detobel created Amundi USA to start and run Amundi’s activities in the US. Mr. Detobel holds a Master in Law from the Catholic University of Louvain (UCL). He also holds a degree from the European Financial Analysts Association.
Francis Verpoucke, Executive Vice-President Institutional Business North America at Mirova US
Mr. Verpoucke joined TOBAM North America in 2013 Managing Director North America, Business Development, after having spent 12 years with Amundi in Europe and North America. He began his career in 1996 as an auditor at PriceWaterhouseCoopers Belgium. He subsequently joined State Street Global Advisor in Brussels as Client Service officer, before moving to Amundi, where he covered the Dutch, Belgian and Luxembourg market. In 2008, he joined Amundi USA to be in charge of business development and client servicing for US investors. Mr. Verpoucke holds a Master's degree in Business and Finance from the Catholic University of Leuven and a Master degree in Accounting and Audit. He also holds a degree from the European Financial Analysts Association.
2 Sources: PwC Global AWM & ESG Research Centre, Refinitiv Lipper, Preqin
3 As of September 2023.
4 As of September 2023.
Mirova
Mirova is an affiliate of Natixis Investment Managers.
Portfolio management company – French Public Limited liability company
Regulated by AMF under n°GP 02-014
RCS Paris n°394 648 216
59, Avenue Pierre Mendes France – 75013 – Paris.
www.mirova.com
Natixis Investment Managers
Natixis Investment Managers is a subsidiary of Natixis.
Portfolio management company - French Public Limited liability company
RCS Paris n°453 952 681
43, Avenue Pierre Mendes France – 75013 – Paris.
www.im.natixis.com
This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There can be no assurance that developments will transpire as may be forecasted in this material.
Copyright © 2023 Natixis Investment Managers S.A. – All rights reserved