The announcement follows other recent expansions into alternatives and real assets by Natixis Investment Managers, including the acquisition earlier this year of UK-based private debt specialist, MV Credit, and the launch of a co-investment offering on real asset private debt - in real estate, infrastructure and aviation - by its affiliate Ostrum Asset Management and Natixis’ Corporate and Investment Banking arm.
With more than $1 trillion in assets under management1 and powered by the expertise of 27 specialised investment managers, Natixis Investment Managers is one of the largest asset managers in the world. It offers access to highly active, high conviction managers globally, each of which concentrates on the investment styles and disciplines in which they have proven expertise.
Flexstone Partners has combined assets of $6.7 billion1 and a global team of more than 40 private equity experts in offices in Paris, New York, Singapore and Geneva. Taking a highly active approach to private markets, the firm specialises in selecting and accessing the best private equity, private debt, real estate, and infrastructure fund managers across America, Europe and Asia. It is a signatory of the UN Principles for Responsible Investing, seeking to actively capture responsible growth opportunities for clients. Flexstone Partners caters to institutional investors, including pension funds, insurance companies, foundations, financial institutions and family offices, from the Americas, Europe, Asia, and Australia.
Jean Raby, CEO of Natixis Investment Managers, commented: “With Flexstone Partners, we bring together the deep expertise of some of our private equity affiliates to provide our clients worldwide with a single point of access to comprehensive advisory services and a wide range of global private equity solutions. From the construction of tailored portfolios to the access to niche market funds in the small and mid-cap segments, Flexstone Partners specialises in primary, secondary and co-investments in the private equity, mezzanine and infrastructure markets. At a time where investors are increasingly turning to alternatives for long-term growth opportunities in challenging markets, this makes a substantial contribution to our global private equity offering.”
Eric Deram, CEO of Flexstone Partners, commented: “With over 20 years’ of private equity experience, Flexstone Partners is immersed in the world’s most compelling markets across North America, Europe and Asia, to actively capture responsible growth opportunities for clients. Our long-standing expertise in the hard to access small- and mid-cap segments globally means we can provide clients with the access, selection, and diversification to fit their unique needs and constraints. As an affiliate of Natixis Investment Managers, we can rely on its strong distribution capabilities across the globe while focusing on delivering truly differentiated active portfolios for our clients.”
As a fully autonomous affiliate of Natixis Investment Managers, the management team of Flexstone Partners will lead the firm as a partnership and maintain its strong entrepreneurial spirit. A significant portion of the equity of Flexstone Partners will continue to be held by partners and employees.
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1 Net asset value as at September 30, 2018.
About Flexstone Partners
Flexstone Partners (“Flexstone1”) an affiliate of Natixis Investment Managers, is a leading investment solutions provider in private assets with a global reach and local footprints in New York2, Paris, Geneva, and Singapore3. It specialises in the selection of the best private equity, private debt, real estate, and infrastructure fund managers for investment by Flexstone’s clients. Flexstone manages primary and secondary investments as well as co-investments. Flexstone’s expertise is distinguished by a high flexibility in building customised portfolios that are tailored to the unique needs and constraints of each investor whether institutional or private individual4. Flexstone offers a large range of services, from advising on private assets portfolio construction to the management of fully discretionary separate accounts and funds of funds. Flexstone, with more than 40 professionals, manages $6.7 billion5. It is a majority owned subsidiary of Natixis Investment Managers, one of the largest investment managers worldwide.
Further information: www.flexstonepartners.com
1 Flexstone is the name that collectively identifies Flexstone and its underlying companies
2 Starting 1/1/2019.
3 Starting 4/1/2019.
4 Under certain conditions related to marketing and prospection regulatory requirements specific to each entity.
5 Source: Flexstone Partners. Combined assets under management of Caspian Private Equity, Euro Private Equity and Eagle Asia Partners as of 11/30/2018, including commitments for closed-end private placement funds, and sum of Net Asset Value and unfunded commitments otherwise.
Natixis Investment Managers
RCS Paris 453 952 681
Share Capital: €178 251 690
43 avenue Pierre Mendès France
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.