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Eurazeo Strengthens Its Asset Management Activities with a New Organisation Meeting the Needs of Its Investors
EURAZEO STRENGTHENS ITS ASSET MANAGEMENT ACTIVITIES WITH A NEW ORGANISATION MEETING THE NEEDS OF ITS INVESTORS Christophe Bavière promoted Senior Managing Partner of Eurazeo and Head of Investment Partners Paris, 5 October 2020 Eurazeo is a leading global investment company with more than €18.5 billion in assets under management and provides investors with valuable access to investment strategies diversified across asset classes, industry sectors and geographies. Currently, 65% of these assets are directly invested in companies’ equity or real assets. Similarly, the Group’s activities in private debt and secondary transactions make it a European leader in these areas and have seen steady growth for several years. Underscoring the appeal of its investment strategies to investors, Eurazeo reached new heights with its fundraising bringing in €2.4 billion in 2019. Following a robust first half of this year, with €1.2 billion raised in unfavourable and uncertain market conditions, Eurazeo expects to build on this momentum over the remainder of the year, driven in particular by the success of the Eurazeo Growth III fund. This performance is not only the result of the renewed commitment and confidence of the Group’s long- standing institutional investor partners, but is also driven by Eurazeo’s increasing ability to attract new international partners. In line with this growth trajectory and in order to offer investors services of the highest standards, Eurazeo today announced that it is strengthening its function dedicated to institutional investors and wealth management structures by bringing together the veteran management teams of Eurazeo and Idinvest. The Group’s teams who focus on maintaining and developing these relationships, are staffed by some 30 investment professionals. -
31 December 2017 Reporting Date
M Reporting date: 31 December 2017 Reporting date: 31 December 2017 1 Content Group structure and ownership 3 Board of Directors 3 Executive Board 6 Basis and components of compensation for the members of the Board of Directors and the Executive Board 7 Components of the remuneration 7 Risk management framework and process 8 Auditing body 10 Cover image: Detail of the inlaid parquet floor in the South passage adjacent to the Ballroom on the second floor piano nobile of the Liechtenstein City Palace, executed by Michael Thonet © LIECHTENSTEIN. The Princely Collections, Vaduz–Vienna 2 Corporate Governance The binding principles of corporate governance are set out in the company’s articles of incorporation, the organizational and governance regulations, as well as in the regulations of the Board of Directors Committees and are defined in detail in corresponding directives. As a bank domiciled in Switzerland, we are subject to supervision by FINMA and are therefore required to implement all applicable regulations. The following information on corporate governance is in accordance with FINMA Circular 2016/1 (Annex 4). Group structure and ownership LGT Bank (Switzerland) Ltd. is ultimately owned by LGT Group Holding Ltd. LGT Group Holding Ltd. is 100 percent controlled by LGT Group Foundation. LGT Group Foundation is 100 percent controlled by the Prince of Liechtenstein Foundation (POLF), the beneficiary of which is H.S.H. Reigning Prince Hans-Adam II von und zu Liechtenstein. The participations of LGT Bank (Switzerland) Ltd. are not relevant to the overall assessment of the company, and no consolidated financial statements are therefore prepared. -
Investing Sustainably Bauer Brothers, Hortus Botanicus, Detail from “Cucurbita Pepo L.,” Ca
VALUES WORTH SHARING Investing sustainably A look inside the Princely Collections: The illustrations in this publication are part of the Codex Liechtenstein – in the Codex’s more than 2700 separate plant illustrations, it was primarily the three Bauer brothers who created a synthesis of art and science: faithful in detail, yet obeying the high aesthetic requirements of art. For more than 400 years, the Princes of Liechtenstein have to accompany what we do. For us, they embody those been passionate art collectors. The Princely Collections values that form the basis for a successful partnership include key works of European art stretching over five with our clients: a long-term focus, skill and reliability. centuries and are now among the world’s major private art collections. The notion of promoting fine arts for the Cover image: Bauer brothers, Hortus Botanicus, general good enjoyed its greatest popularity during the detail from “Tropaeolum majus,” 1779 Baroque period. The House of Liechtenstein has pursued © LIECHTENSTEIN. The Princely Collections, Vaduz–Vienna this ideal consistently down the generations. We make deliberate use of the works of art in the Princely Collections www.liechtensteincollections.at Bauer brothers, Hortus Botanicus, detail from “Cucurbita ca. pepo 1778 L.,” Contents 5 Investors can change the world 6 Why we must take action 8 What can investors do? 10 Who benefits from sustainable investments? 14 Investing sustainably with LGT 18 Impact investing for better healthcare 19 Venture philanthropy in the fight against HIV transmission “Asset management in particular gives us the opportunity to make an important contribution to resolving environmental and social issues through the sustainable allocation of capital.” H.S.H. -
Breakthrough Energy Ventures Europe
SET4BIO RENEWABLE FUELS AND BIOENERGY FOR A LOW- CARBON EUROPE – ACCELERATING THE IMPLEMENTATION OF THE SET-PLAN ACTION 8 Horizon 2020, Grant AgreementA no. 884524 Title of the Deliverable Due date Actual submission date Report on private financing opportunities to support the realisation of the SET Plan IP8 31.08.2021 31.08.2021 Work Package (WP): Funding and financing roadmap and investments Task: Task 1.4 – Identification of private financing opportunities Lead beneficiary for this deliverable: CIRCE Editors/Authors: Paola Mazzucchelli and Carlos Castellano Pellicena Dissemination level: Public Call identifier: H2020-LC-SC3-2019-Joint-Actions-1 Document history V Date Beneficiary Author/Reviewer 3.0 24/08/2021 CIRCE Paola Mazzucchelli This project has received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 884524 EXECUTIVE SUMMARY Deliverable 1.3 summarises information related to existing private financing mechanisms that can be of interest to support the development of the projects defined in the Implementation Plan of IP8 dedicated to bioenergy and other renewable fuels. It aims at being a guide for project developers who are looking for private funds to finance their project. Several updates of this report are planned until the project’s end in February 2023. PARTNERS RISE - Research Institutes of Sweden AB, Sweden SINTEF - SINTEF Energi AS, Norway FNR - Fachagentur Nachwachsende Rohstoffe e.V., Germany CIRCE - Fundacion Circe Centro de Investigación de Recursos y Consumos Energéticos, Spain VTT – Teknologian tutkimuskeskus VTT Oy, Finland ETA – ETA Florence Renewable Energies, Italy Statement of Originality This deliverable contains original unpublished work except where clearly indicated otherwise. -
LGT Capital Management Ltd
LGT Capital Management Ltd. European SRI Transparency Code European SRI Transparency Code Disclaimer This document aims at fulfilling reporting requirements under the European SRI Transparency Guidelines. It does not constitute a public offering or public advertisement of any financial instruments mentioned herein. This document is not directed at recipients in any jurisdictions where the receipt of the information contained herein would be unlawful. The receipt of this information is not to be taken as constituting the giving of investment advice. Each person should make its own independent assessment and should take its own professional advise in relation to any investment product mentioned herein. Please be advised that investors should always consult the legal documentation of the investment products mentioned herein. The information contained in this document was obtained from a number of different sources. LGT exercises the greatest care when choosing the sources of information and compiling obtained information. Nevertheless errors or omissions in information obtained from different sources cannot be excluded. LGT does not assume any liability for any direct or indirect damage or loss resulting from the use of this document. This document and the information contained herein may be reproduced only with the prior written consent of LGT. To the extent that past performance of investment products is mentioned in this document please note that past performance is not an appropriate indicator for future performance. 2 / 25 European SRI Transparency Code European SRI Transparency Code Version 3.0 The European SRI Transparency Code (the Code) focuses on SRI funds distributed publicly in Europe and has been designed to cover a range of assets classes, such as equity and fixed income. -
2017-2018 Annual Investment Report Retirement System Investment Commission Table of Contents Chair Report
South Carolina Retirement System Investment Commission 2017-2018 Annual Investment Report South Carolina Retirement System Investment Commission Annual Investment Report Fiscal Year Ended June 30, 2018 Capitol Center 1201 Main Street, Suite 1510 Columbia, SC 29201 Rebecca Gunnlaugsson, Ph.D. Chair for the period July 1, 2016 - June 30, 2018 Ronald Wilder, Ph.D. Chair for the period July 1, 2018 - Present 2017-2018 ANNUAL INVESTMENT REPORT RETIREMENT SYSTEM INVESTMENT COMMISSION TABLE OF CONTENTS CHAIR REPORT Chair Report ............................................................................................................................... 1 Consultant Letter ........................................................................................................................ 3 Overview ................................................................................................................................... 7 Commission ............................................................................................................................... 9 Policy Allocation ........................................................................................................................13 Manager Returns (Net of Fees) ..................................................................................................14 Securities Lending .....................................................................................................................18 Expenses ...................................................................................................................................19 -
En Im Square Secures Significant Financing
EN IM SQUARE SECURES SIGNIFICANT FINANCING SUPPORT FROM EURAZEO AND LAUNCHES ITS US DISTRIBUTION PLATFORM • iM Square announces its renewed objective to invest with current and future shareholders over $500 million within 2 to 4 years • iM Square announces the launch iM Global Partner US, its new American distribution platform PARIS/LONDON (16th of March 2018) iM Square, the sole European investment and development platform dedicated to asset management, successfully secured a new financing commitment from Eurazeo, one of its founding shareholder, after having completed its initial ambitious growth phase. Eurazeo is committed to support iM Square's investments over the next few years and is expected to become its reference shareholder. Other founding shareholder Le Groupe Dassault / La Maison will also participate. This new commitment will enable iM Square to acquire additional 3 to 6 entrepreneurial active asset managers with $1 to 20 billion of AUM, high growth potential and complementary strategies, such as alternative management. Most of the targeted asset managers are based in the US and Europe. In additional to permanent capital, iM Square also brings financial and operational support as well as taylor- maid investment and distribution capabilities to its partners, which makes iM Square’s model unique in Europe. Since 2015, iM Square has successfully acquired minority stakes in two US asset management companies: Polen Capital, an independent management firm specialised in growth stocks and Dolan McEniry Capital, specialised in US corporate bonds. The performances of these two asset managers are remarkable and their AUM continue to undergo strong growth: Polen Capital’s AUM grew from 7.5 to $17.4 billion since the partnership with iM Square in 2016, while Dolan McEniry’s grew from 5.8 to almost $6.5 billion since iM Square’s stake was acquired. -
Welcome to the 12Th Annual INSEAD Private Equity Conference
Welcome to the 12th Annual INSEAD Private Equity Conference INSEAD welcomes you to the 12th Annual Private Equity Conference. The conference, inaugurated in 2003, has become the most successful private equity and venture capital event hosted by a European academic institution. With over 1,500 alumni working in the industry worldwide, INSEAD’s presence in the private equity community is well-recognized. This conference is a gathering amongst leading practitioners, academics and the INSEAD community to debate the forces shaping the private equity industry. We are delighted to host an impressive and diverse group of experienced industry professionals here on INSEAD Europe Campus. Since the financial crisis, one of the strongest trends in private equity has been increased focus on value creation. This year’s theme, “How to achieve alpha in the current environment,” aims to delve into the topic of generating returns through operational change, and assess the implications of this trend for the future of private equity. Our keynote speakers, leveraged buyouts and operational excellence panels will explore the topic of value creation deeper. Beyond value creation, the industry is further being shaped by a number of different dynamics and intense competition. To further develop the main theme, we have lined up a focused range of panels and have assembled a diverse group of outstanding panelists and moderators for you. Our panels will attempt to give an update on the current state in different parts of the industry, such as distressed investing, infrastructure and real assets, emerging strategies and limited partner relationships. The annual conference is organized by student and alumni members of the INSEAD Private Equity Club, Global Private Equity Initiative (INSEAD faculty body focused on research in Private Equity industry), Alumni Relations and Student Life offices. -
Eurazeo Confirms Its Excellent Growth
EURAZEO CONFIRMS ITS EXCELLENT GROWTH MOMENTUM IN THE FIRST QUARTER OF 2021: AUM +21% OVER 12 MONTHS AND REVENUES +20% EXCLUDING TRAVEL AND LEISURE Paris, May 20, 2021 Asset management momentum strengthens at end-March • Assets Under Management (AUM): €22.7bn, +21% over LTM, of which +27% for third party • Third-party fundraising: €785m at end-March and c.€1,200m YTD, versus €283m in Q1 2020 • Management fees: €59m, of which +13% for limited partners (+4% overall1 given balance sheet divestments) • The Group expects further growth in fundraising in 2021 thanks to the strong market attractiveness of its current funds, particularly for small-mid buyout, growth and private debt funds Strong growth in portfolio performance • Portfolio economic revenue2 up +20% in Q1 2021 year-on-year (+15% compared to Q1 2019), excluding the Travel & Leisure segment • 61% increase in revenues of Growth portfolio companies (non-consolidated) • Early recovery prospects in Travel & Leisure (10% of NAV) Sustained investment activity • €1.1bn invested (€0.5bn in Q1 2020), with business flows in buoyant sectors notably tech (Questel, PPRO, Message Bird), consumer tech (UPD, Aroma-Zone) and financial services (Groupe Premium) • A high level of asset divestments expected in 2021-2022, as announced Balance sheet remains robust • NAV per share of €85.5 (not revalued quarterly) • Net cash and cash equivalents of €255m at end-March – confirmed RCF of €1.5bn • Dry powder of €3.7bn Virginie Morgon, Chairwoman of the Executive Board, stated: “This first quarter of 2021 reflects Eurazeo's growth momentum in all aspects of its business. The growth in our fundraising and assets under management, but also the strong rebound in our portfolio activity, the sustained pace of our investments in growth sectors, value-creating exits and our ability to support the major shifts towards a more sustainable economy perfectly illustrate our "Power Better Growth" positioning and its attractiveness. -
Factsheet Ratings and Awards
Ratings and Awards December 2020 Private Banking and LGT is one of the few international privately owned banks to allow its creditworthiness to be evaluated by Asset Management independent rating agencies. For years now LGT has consistently been awarded very high ratings. LGT’s commended leading position has also been confirmed by awards from reputable external bodies. Ratings Moody’s: Aa2 (stable) Standard & Poor’s: A+ (positive) Owing to its outstanding ratings, LGT has been included in the Global Finance magazine’s list of the 50 safest banks in the world for many years. Private Banking Fuchsbriefe-Report (Tops 2021 – The best asset managers) . The renowned Fuchsbriefe designated LGT as best bank for sustainable investments. LGT is therefore also ranked best wealth manager in the German-speaking countries. It also receives the highest number of points, the rating "very good" and is "top supplier". LGT ranks second on the perpetual list of top asset managers in German-speaking countries. Handelsblatt Elite Report (Special Report: The Elite Amongst the Asset Managers 2021) . For the fifth consecutive year, LGT received the highest score of all participating asset managers in the Elite Report. LGT was also awarded the “summa cum laude” rating for the 18th consecutive time and was se- lected as the leading private bank in Liechtenstein. LGT was able to convince the editorial team in particular with its committed, personal advice and profes- sional competence. "Both fields together form the respectable foundation of a high-performance con- sulting and support culture," said the Elite Report editorial team. Global Private Banking Awards 2020 . -
Liste Des Sociétés De Gestion Agréées Et En Activité Au 29 Février 2020 1
Liste des sociétés de gestion agréées et en activité au 29 février 2020 1 Nombre de société agréées : 663 SGP: Société de gestion de portefeuille Date N Nom Activités de gestion N° d'agrément Adresse d'agrément Gestion de FIA (AIFM) 1 1 2 3 INVESTMENT MANAGERS 28/06/2001 GP01021 94 rue de la Victoire 75009 PARIS Gestion de mandats Gestion de FIA (AIFM) 2 111 CAPITAL 23/08/2017 GP-17000024 10 RUE HENRI ROCHEFORT 75017 PARIS Gestion de mandats 3 21 CENTRALE PARTNERS 12/02/1999 Gestion de FIA (AIFM) GP99006 9, avenue Hoche 75008 PARIS 4 360 CAPITAL PARTNERS 08/12/2011 Gestion de FIA (AIFM) GP-11000040 13 Avenue de l’Opera 75001 PARIS 5 4D GLOBAL ENERGY ADVISORS S.A.S 03/12/2008 Gestion de FIA (AIFM) GP-08000048 15 rue de la Baume 75008 PARIS 6 52 CAPITAL 20/07/2016 Gestion de FIA (AIFM) GP-16000019 4,place de la Concorde-1rue Royale 75008 Paris Gestion de FIA (AIFM) 7 A PLUS FINANCE SAS 20/11/1998 GP98051 8, rue Bellini 75116 PARIS Gestion de mandats 8 AALPS CAPITAL FRANCE 24/05/2017 Gestion de FIA (AIFM) GP-17000012 21,boulevard Haussmann 75009 Paris Gestion de FIA (AIFM) 9 ABC ARBITRAGE ASSET MANAGEMENT 28/12/2004 GP-04000067 18 rue du quatre Septembre 75002 PARIS Gestion de mandats 10 ABC GESTION 22/07/2014 Gestion de FIA (non AIFM) GP-14000032 12, place des Etats-Unis CS 70052 92547 Montrouge Cedex Gestion de FIA (AIFM) 11 ABENEX CAPITAL 19/05/1998 GP98014 9, avenue Matignon 75008 PARIS Gestion de mandats Gestion d'OPCVM 12 ABN AMRO INVESTMENT SOLUTIONS 20/09/1999 Gestion de FIA (AIFM) GP99027 3, avenue Hoche 75008 PARIS Gestion de mandats -
LGT Sustainability Report 2019 (PDF)
VALUES WORTH SHARING Sustainability at LGT 2019 A look inside the Princely Collections: the illustrations in this publication depict studies of natural objects by Franz Anton von Scheidel. For more than 400 years, the Princes of Liechtenstein successful partnership with our clients: a long-term have been passionate art collectors. The Princely Collec- focus, skill and reliability. tions include key works of European art stretching over five centuries and are now among the world’s major Illustrations: Franz Anton von Scheidel, details from private art collections. The notion of promoting fine “Depictions of conchiliae in watercolor after Johann Carl arts for the general good enjoyed its greatest popu- Megerle von Mühlfeld (1765–1840),” late 18th century. larity during the Baroque period. The House of Liechten- © LIECHTENSTEIN. The Princely Collections, Vaduz–Vienna stein has pursued this ideal consistently down the gener- ations. We make deliberate use of the works of art in the Princely Collections to accompany what we do. For us, they embody those values that form the basis for a www.liechtensteincollections.at Contents 5 We all have to do our part 6 Still much room for improvement 10 Sustainable investment opportunities 13 Transparency is key 14 Quantifying sustainability quality 15 Impact investing and philanthropy 16 “Seeing your portfolio through a new lens” 18 Sustainable operations 22 Long-term employee development 24 Committed employees 26 A win-win-win situation 28 Dialog for greater sustainability 30 Responsible corporate governance 31 Report profile 32 Key figures at a glance 34 Risk note/Disclaimer “In light of the major environmental and social problems, all organizations, but also all private individuals, should scrutinize their goals and behavior to date and adjust these in such a way that they contribute to a more envi- ronmentally sustainable and socially inclusive development of our world.” H.S.H.