Mirova, a sustainable investment affiliate of Natixis Investment Managers, has completed the final closing of its first impact private equity fund, Mirova Environment Acceleration Capital (MEAC) 1, raising €211 million in commitments. The fund targets innovative, environmental transition technologies and has already invested over €80 million in 10 companies across Europe and North America. Despite the challenging fundraising environment, 30% of the commitments came from private clients. MEAC operates under five investment pillars: clean energy, circular economy, natural resources, agri-agro technologies, and smart cities, and has achieved one exit to date. The fund has earned the Greenfin label and is eligible for the French Tibi initiative. Building on MEAC’s success, Mirova has launched another private equity fund, Mirova Impact Life Essentials (MILE), focused on societal impact with four investment themes: knowledge & know-how, well-being & health, responsible consumption, and diversity & inclusion. This initiative aligns with Mirova’s aim to generate strong financial returns while fostering ecological and social transitions.
Private Equity, Sustainable Investing, Renewable Energy, Technology,France, Europe, North America
https://www.mirova.com/en/news/mirova-exceeds-200-million-euros-commitments-final-closing-private-equity-fund