Mirova's impact private equity strategy joins the TIBI initiative

Mirova's impact private equity strategy joins the TIBI initiative, which aims to increase the financing capacity of technology companies by mobilizing the savings of institutional investors, particularly insurers.

Tibi Initiative: accelerating the financing of new technologies

Launched in 2019, the Tibi initiative (named after the economist Philippe Tibi) aims to increase the financing capacity of technology companies by mobilising the savings of institutional investors, particularly insurers.

In 2020, institutional investors pledged €6 billion to invest in technology companies by the end of 2022. In June 2023, in order to consolidate the financing needs of the tech ecosystem, the French President announced the launch of the second phase of the Tibi initiative, with a budget of €7 billion to be mobilised by the end of 2026.

By joining the initiative, institutional investors commit to devoting a larger and additional share of their allocations to financing French start-ups, both in the unlisted private equity segment, the listed segment of technology stocks and risky industrial projects with a proven technological component.

Private equity to support technological and environmental transitions

As a mission-driven company¹, Mirova, the affiliate of Natixis Investment Managers dedicated to sustainable investing, is committed to using finance as a tool for the positive transformation of the economy, at the service of transitions. With its strategy dedicated to impact private equity, Mirova’s ambition is to combine financial return with support for the environmental transition of the economy by deploying "acceleration capital" to develop sustainable businesses, by addressing major growth-generating trends, and by supporting innovative solutions and technologies.

Mirova’s management team and ESG analysts select European or OECD² companies with a proven business model, which provide innovative solutions and technologies for environmental transition and contribute directly to achieving at least one of the Sustainable Development Goals (SDGs) pursued by the strategy. Mirova is convinced that companies that provide solutions to the main challenges of sustainable development should, on the one hand, generate significant financial returns. On the other hand, Mirova believe that investing in diversified sectors on promising themes – smart cities, natural resources, agri-agro technologies, circular economy, clean energy – meets the need for diversification and risk mitigation for institutional and private investors.