AI Issue 8 2017

122 Acquisition International - 2017 Excellence Awards Alter Equity 3P is a French Impact investment fund that supports a sustainable growth. We profiled the firm to find out more about the firm and the services it provides. stablished in 2013, Alter Equity currently manages €41.5m, raised from institutional investors and entrepreneurs. The “3P” of its name stands for “People, Planet and Profit”, as the fund promotes activities and behaviours that are deeply respectful of human beings and of the environment, while seeking an attractive return for its Limited Partners. Alter Equity 3P is an investment fund that supports responsible growth. Its investment philosophy is based on the idea that the pursuit of profitability is perfectly compatible with ethical business practice. It aims to orient this responsible behaviour towards activities and principles of action that are fundamentally respectful of the long-term interest of human beings and nature. The values of Alter Equity 3P are what staff work towards and live by. These include taking responsibility, and looking after the planet, working sustainably to improve human life. The firm also embraces principles of professional excellence and humanism. The fund targets French companies generating a yearly turnover above €1m with a strong potential for profitable growth. Currently the firm is invested in eight companies, including Sports Etudes Academy, Company: Alter Equity Contact: Leo Epstein Email: leo.epstein@ alterequity.com [email protected] Address: 4 Ter, Rue du Bouloi, Paris, 75001, France Phone: 01 42 86 96 41 Web: www.alterequity.com Best for French Impact Finance Growth Funds: Alter Equity3P – Alter Equity E GE170044 Best for French Impact Finance Growth Funds: Alter Equity 3P – Alter Equity the leading French private sport-study education provider; OpenAirlines, which develops a set of software solutions improving airline companies’ fuel efficiency, leading to a 5% kerosene saving per flight; NED, a provider of tailored renewable energy solutions; Remade Group, the French smartphone refurbishment leader. Regarding how the firm is different from its competitors, Alter Equity 3P is the only French private equity fund that conditions its investment to a double requirement in terms of responsibility. The Portfolio companies’ activities must have a positive impact on environment and people; portfolio companies must be committed to achieving continuous progress in terms of ESG practices through the implementation of an Extra-Financial Business Plan. Alter Equity 3P governance also stands at the highest professionalism level in the impact investing sector, thanks to a Strategic Committee, formed of successful entrepreneurs who have invested in the fund, advising Alter Equity’s team in its investment decisions alongside an Expert Committee, composed of Sustainable Development and CSR specialists, providing Alter Equity with guidance in these fields; and a Management Team of 4 experienced professionals, Fanny Picard, Marianne Siméoni, Félix Mounier and Léo Epstein. Fundamentally, under the stewardship of Ms. Picard and her associates, the firm is well placed within the financial industry to build on its reputation and expand its business dealings across the globe. Holding a strong relationship with its partners, the management at Alter Equity can expect its client base to expand and become more diverse. The values of Alter Equity 3P are what staff work towards and live by. These include taking responsibility, and looking after the planet, working sustainably to improve human life. The firm also embraces principles of professional excellence and humanism.