France Invest, the French association of investors for growth, brings together private equity companies active in France and the associated professions that support them.
Our Ecosystem
Our primary partners are our investors and shareholders who are closely involved in our investment decisions. The companies in which we invest, their managers and teams, are also player with whom we work on a long term basis. Being a shareholder for impact also means acting collectively with all those who want to participate in changing business models and developing innovative social enterprises as a response to the challenges our society is faced with.
Social Impact Investing
Phitrust Partenaires is a member


The French Impact is the national banner that federates the ecosystem of social and environmental innovation.

Tech For Good France, is the network of entrepreneurs & investors who develop and finance technical and digital solutions to accelerate the transition towards a more sustainable and responsible society.

The French Center for Funds and Foundations (CFF) is an association created in 2002. Its purpose is to promote the development of foundations in France.

ADMICAL is an association created in 1979 which develops the patronage of companies and entrepreneurs.
To know more about ADMICAL

The European Venture Philanthropy Association (EVPA) brings together organizations that share the same vision and goal: to create a positive societal impact through venture philanthropy and social investment.

L’association Finansol a pour objet de promouvoir la solidarité dans l’épargne et la finance. A travers des actions de sensibilisation et des outils de communication divers, Finansol fait prendre conscience à chacun qu’il peut jouer un rôle dans l’instauration d’une finance utile, équitable et raisonnée.
Partner of impact investing actors

CERISE is an association specialized in the promotion of ethical finance, created in 1998. A pioneering organization in social performance management, CERISE has been dedicated for 20 years to sharing experiences and developing solutions that enable organizations to make their social mission a reality.

Investisseurs & Partenaires is an impact investor dedicated to SMEs based in sub-Saharan Africa and the Indian Ocean.

BonVenture is a partner for social entrepreneurs who solve pressing social or ecological problems and wish to increase their social impact.

Lita.co wants to give everyone the opportunity to actively and effectively participate in reducing social and environmental inequalities in the world by investing in companies with a high positive impact.

The OLTRE Onlus Foundation was born in the city of Carugate, with an opening on all the neighboring territory of the Martesana, and aims to support people with disabilities.

The Foundation’s mission is to structurally strengthen, through management consulting and financing, organizations led by African social entrepreneurs contributing to Sustainable Human Development.

Ananda Impact Ventures is one of Europe’s leading venture capital investors focused on creating for-profit, positive impact businesses.

Creas Desarrolla is the first institutional impact investment fund in Spain with a target size of 30 million euros to invest in the most promising social enterprises.

Ship2B, accelerates and invests in startups with social impact through our investment vehicle and our investment community.

Ashoka is an NGO, a network of actors of change, acting in favor of social innovation. Through its actions, it aims to accelerate ideas and initiatives with a positive societal impact, to prepare the future now.

Social entrepreneurship is at the heart of NESsT’s mission in emerging markets: enabling every sustainable business to create jobs and alleviate poverty.

Antropia ESSEC was created by the ESSEC Innovation and Social Entrepreneurship Chair to support social entrepreneurs.

The European Institute of Business Administration (INSEAD) is a private school of management.

IE Business School, full name Instituto de Empresa Business School, is a Spanish business school located in Madrid.
And all the investors with whom we co-invest and support entrepreneurs
Responsible shareholding
Phitrust is a member

The FIR strives to promote SRI and its good practices.

PRI is the world’s leading promoter of responsible investment.
It strives to understand the investment implications of environmental, social and governance (ESG) factors and to help its international network of signatory investors integrate these factors into their investment and ownership decisions.

The Ethics and Investment Association was founded in 1983 by treasurers of religious congregations. It is addressed to any person – individual or organization – concerned about exercising his responsibility as an investor or shareholder.

The ICGN is a non-profit organization aiming to improve the standards of corporate governance globally. The network promotes best practices, encourages leadership development, and educates its members on emerging topics in corporate governance.
Phitrust has been a member of the International Corporate Governance Network (ICGN) since 2004.

French Asset Management Association represents and promotes the interests of the French asset management industry, both for collective and for discretionary portfolio management. The association represents the business, financial and corporate interests of members, the entities that they manage (collective investment schemes) and their customers. French Asset Management Association leads debate and discussion within the industry.
Phitrust is a member of the AFG Governance Commission.
Partner of the actors of engagement and SRI

The CDP (Carbon Disclosure Project), an international non-profit organization, manages the most important platform for reporting on the environmental impact of the largest companies.
Know more

As an expert in sustainable finance and a reference media for responsible economy, Novethic combines approaches to offer financial players, companies and their employees the keys to sustainable transformation.
Founded in 2001, Novethic is a subsidiary of the Caisse des Dépôts Group.

Created in 2012, Droit & Croissance is an independent research laboratory whose ambition is to promote growth in France by improving the economic efficiency of the law.

The AF2I (French Association of Institutional Investors) was created in 2002 with the aim of bringing together all economic players concerned by institutional management procedures and techniques.

The Observatoire de la Responsabilité Sociétale des Entreprises (ORSE) monitors corporate social responsibility, sustainable development and socially responsible investment (SRI) in France, Europe and abroad on behalf of its members (large companies, portfolio management companies, professional and social organizations).

Proxinvest is an independent financial and governance research company specializing in proxy voting advisory services. It provides its services exclusively to investors, large and small, using only methods that uphold the interest of all shareholders. Proxinvest and Phitrust joined forces in 2003 to create Proxy Active Investors, a shareholder engagement open-end investment company. Pierre-Henri Leroy, Chairman of Proxinvest, chairs the Technical Committee of the SICAV and advises Phitrust in its voting policy.

The ECGS network offers coverage of the 500 largest European stocks based on a common framework of governance principles and voting policy. All exclusively working for investors, ECGS partners are the most well-known advisory firms in their home markets. Phitrust has entered into strategic partnership agreements wit to identify the most important governance issues.
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And all the investors who supported us in the filing of resolutions
News
[Press Release] With 2 new investments and 9 reinvestments in 2022, Phitrust confirms its positioning as an investor in social impact
Discover our investments and reinvestments of 2022!
[Press Release] Phitrust Active Investors France publishes its 2022 Voting and Engagement Report.
Phitrust publishes its 2022 voting and engagement report.
[Press Release] Stellantis, Carlos Tavares : an excessive remuneration?
The Stellantis General Meeting to be held by videoconference in the Netherlands on 13 April 2022 prompts our opposition on several points and confirms the concerns and doubts we expressed when the PSA/FCA merger was announced in 2019.