Our investment strategy
TARGET AND INDETIFY
The targeted projects have a double goal: financial returns and social impact. They may be economically viable social enterprises with or without dividend distribution, co-operative companies or limited liability companies.
ANALYSE AND SELECT
Projects are approved by the Investment Committee, composed of professionals with diversified backgrounds and a variety of complementary skills, who apply analytical methods stemming from traditional Venture Capital.
SFOLLOW UP AND MENTORING INVESTEES
Phitrust Partenaires provides long-term support to the social enterprises in its portfolio. The monitoring strategy relies on the involvement of the Investment Committee (IC) (which plays a key role in the management of portfolio investees) as well as on the quarterly reporting of financial results and activities, and an annual reporting on social impact. The IC members use their expertise and networks to ensure the sustainability of each project.
Investing in a structured manner
1. Project identification
2. Pre-selection questionnaires + interviews
3. Audit and strategic analysis
4. Selection of projects
5. Investment commitment
6. Follow-up of portfolio companies
Following the Danone's recent governance crisis, five corporate shareholders, Phitrust, Mirova, Ircantec, CAVP and OFI AM, together holding more than 0.7% of the capital, have obtained the inclusion of an item on the agenda of the General Meeting of April 29 - in accordance with the current legal provisions. The objective was to allow each director to express his or her strategic vision for the Group, in particular by developing his or her personal contribution on environmental issues and his or her approach to the organization of a balanced governance.
Several scenarios for the end of the crisis today foresee a two-speed economy with some sectors that will recover strongly and others that may still have to rely on governmental support and will probably have to resort to layoffs.
[Danone / Governance crisis] Phitrust with four major investors ask Danone’s directors to expose their vision at the AGM on April 29
Phitrust, together with Mirova, Ircantec, CAVP (Caisse d'assurance vieillesse des pharmaciens), and OFI AM, which together hold more than 0.5% of the capital, have successfully asked the Board of Directors of Danone to add an item to the agenda of the General Assembly of April 29, in accordance with the current regulations.