Natixis IM merges private equity units to launch alternative business

Natixis IM merges private equity units to launch alternative business

Natixis Investment Managers has combined three of its existing private equity affliliates to launch $6.7bn alternative business Flexstone Partners.

Natixis IM brings together its existing Euro-PE, Caspian Private Equity and Eagle Asia divisions. Eric Deram, previously founder and managing partner of Euro-PE, has been appointed as CEO of Flexstone Partners.

Flexstone Partners has combined assets of $6.7bn and a global team of more than 40 private equity experts in offices in Paris, New York, Singapore and Geneva.

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: "From the construction of tailored portfolios to the access to niche market funds in the small and mid-cap segments, Flexstone Partners specializes 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."