Created 16 years ago with the goal of financing entrepreneurs and democratising the access to private equity, 123 Investment Managers (123 IM) has enjoyed a steady growth to reach nearly 1billion € AuM as of end 2017 and to become one of the leading providers of savings products for individual private investors in unlisted French SMEs.
A multi-specialist, 123 IM has, over the past 16 years, invested 1.8billion € in more than 250 companies spanning the following sectors: tourism, healthcare and aged-care, real estate, renewable energy and private higher education. Close to the entrepreneurs it finances and well-known for its leadership on the SME segment, 123 IM enjoys a very high repeat business as nearly 70% of deals comes from sources - deal brokers, entrepreneurs and funds - with whom 123 IM's teams have already worked.
Since its creation, 123 IM has enabled French individual savers to invest in the real economy through a diversified range of solutions tailored to their needs that includes AMF-approved funds, fund of funds and club deals. With nearly 70 000 clients, 123 IM ambitions to bring yet more individual investors to private equity and has, as a next step, recently set up an office in Lyon to address the needs of both entrepreneurs and private investors in this very dynamic region of France.