Natixis launches global private equity manager
Natixis Investment Managers has announced the launch of Flexstone Partners, a global private equity manager, which brings together its existing private equity affiliates Euro-PE, Caspian Private Equity and Eagle Asia will be expected to provide investors with a global and active approach to private equity, it said.
The new entity would be led by Eric Deram, a previous founder and managing partner of Euro-PE, who has been appointed as Flexstone’s chief executive.
The firm has currently combined assets of $6.7 billion and a global team of more than 40 private equity experts across the offices in Paris, New York, Singapore and Geneva. It specialises in a selection of private equity, private debt, real estate and infrastructure fund managers across America, Europe and Asia.
Flexstone Partners caters to institutional investors which included pension funds, insurance companies, foundations, financial institutions and family offices from the Americas, Europe, Asia and Europe.
Natixis’ chief executive, Jean Raby, said that Flexstone would strengthen the firm’s single point of access to comprehensive advisory services and help expand its 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 specializes in primary, secondary and co-investments in the private equity, mezzanine and infrastructure markets,” he said.
“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.”
Recommended for you
A hiring spree is expected in private markets with 90 per cent of firms expecting to maintain or increase their headcount over the next 12 months, according to Preqin.
Abrdn Investments has hired a new global chief executive as Rene Buehlmann steps down after less than two years, it also announced a new senior leadership structure.
Having received bids from Bell Financial Group and AxiCorp, trading platform Selfwealth has confirmed it has entered into a scheme implementation deed after both parties were invited to make a higher bid.
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.