Natixis Investment Managers has launched Flexstone Partners, a global private equity manager that brings together three of Natixis Investment Managers’ existing private equity affiliates: Euro-PE, Caspian Private Equity and Eagle Asia.
Eric Deram, previously Founder and Managing Partner of Euro-PE, has been appointed as the CEO of Flexstone Partners.
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 USD1 trillion in assets under management 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 USD6.7 billion 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, says: “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, says: “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.
