Miura Partners strengthens its commitment to sustainable investing by raising its inaugural Impact Fund to support high growth small-caps in Southern Europe whose purpose is to solve global challenges following United Nations’ Sustainable Development Goals.
The fund has a target size of €150 million and is backed by some of Miura’s most relevant institutional and private investors, as well as new investors with a growing appetite in the impact space.
Miura’s Impact Fund will actively invest across three impact themes: Healthier Lives, including innovative healthcare, accessible nutrition, well-being and safety; Thriving Communities, including quality jobs & upskilling, edtech and digital inclusion; and Regenerative Planet, including clean energy, circular solutions and next gen agriculture.
With this new fund, Miura expands into a new investment strategy, following the Mid-market Buy-out’s strategy launched in its inception in 2008, and the Agribusiness strategy launched in 2019, and reaches €1.2bn of assets under management. Miura’s Impact Fund will target a dozen companies with flexible shareholding structures allowing an active participation in their future growth and impact plans.
Luis Seguí, Founding Partner & CEO at Miura Partners said: "We envision a world where progress and development come from people and companies that drive transformative, scalable and purposeful projects. We will actively engage with a new generation of companies capable of living up to the challenges we face as a society while delivering both financial and impact returns at scale."
The fund is one of the first in Southern Europe to be classified as Article 9 of the Sustainability Disclosure Regulation for the financial services sector (SFDR). To this end, Miura has developed a rigorous methodology that integrates a best-in-class approach to Impact and ESG throughout the investment lifecycle.
The impact methodology ensures through a bespoke tool that every investment opportunity is aligned with one of the SDGs and other well-known leading impact investing frameworks such as GIIN, IRIS+ and IMP, followed by an impact and ESG due diligence, and the development of a value creation plan to maximize the company’s social and environmental impact.
Miura’s Impact Fund will link its carried interest to the achievement of not only financial returns but also specific impact goals for each portfolio company. In addition, Miura is committing a portion of the management fees and the carried interest to build long-term partnerships with non-profit organizations aligned with Miura’s impact investment themes.
The fund, led by Founding Partner & CEO Luis Seguí, will be managed by partners Gustavo Barroeta, Guillem Augé and Esther Sarsa, all of them with ample experience in sustainability and small-caps investments.
Miura Partners is advised by Rede Partners in the fundraising process with King & Wood Mallesons providing legal counsel.
About Miura Partners
Miura Partners is a leading purpose-driven private equity firm in Spain. The firm, with headquarters in Barcelona and offices in Madrid, specializesin investing in Southern European small and mid-size familyowned & entrepreneurial businesses. The firm provides attractive growth and innovation plans with a clear focus on sustainability across its Mid-market Buy-out’s, Agribusiness and Impact investment strategies.
Since its inception in 2008, Miura Partners has invested in more than 50 companies with transactions worth more than €2.0bn, and currently has Assets under Management of €1.2bn.
cloud technology axon
ONEtoONE Asset Management ha realizado su quinta inversión fuera de n...
