Natixis Investment Management (IM) is launching an infrastructure investment arm to strengthen its alternative and real asset capabilities.
Vauban Infrastructure Partners will be dedicated to infrastructure equity investing and will be created by transferring the existing infrastructure team at Natixis affiliate Mirova into a new affiliate.
Mirova, a responsible investing company, was launched in 2012 and currently manages €2.8bn in assets. Following the move it will remains as a standalone affiliate.
Natixis IM said Vauban Infrastructure Partners will be structured as a partnership to emphasise its long-term alignment with investors.
Vauban Infrastructure Partners will be headed up by Gwenola Chambon who will assume the role of CEO and will be supported by deputy CEO Mounir Corm, both founding partners. They will lead a team of 35 professionals, which has raised five infrastructure funds.
The team will continue to specialise in structuring and managing infrastructure assets with a particular focus on social infrastructure, digital infrastructure, utilities and transportation sectors.
The partnership follows the launch of Flexstone Partners in December 2018, the acquisition of MV Credit in June 2018 and the launch of a co-investment offering between its affiliate Ostrum Asset Management and Natixis's Corporate and Investment Banking arm in May 2018.
CEO of Natixis IM Jean Raby commented: "The upcoming launch of Vauban Infrastructure Partners will make a substantial contribution to our alternative and real assets range.
"At a time where the infrastructure investing market is growing significantly, creating a standalone specialised affiliate with an entrepreneurial approach and proven track record will enable global investors to more easily access the infrastructure investments fitting their specific needs and constraints."
Chambon added: "Our mission is to continue to deliver long-term sustainable value to all our stakeholders, including investors, local communities, public entities, employees and industrial partners with the highest quality of service.
"We aim to double our AUMs over the next years, building on our track record in delivering long-term value in infrastructure investments for our clients."