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Idinvest Partners

PRI reporting framework 2018

Asset class implementation gateway indicators [OO 10 - 12] Peering questions [OO LE 01 - INF 03]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Outsourcing to fiduciary managers and investment consultants [SG 12] ESG issues in asset allocation [SG 13 - 15] Asset class implementation not reported in other modules [SG 16 - 17] Innovation [SG 18] Communication [SG 19]

Indirect – Manager Selection, Appointment and Monitoring

Selection [SAM 02 - 03] Appointment [SAM 04] Monitoring [SAM 05 - 07] Outputs and outcomes [SAM 08 - 09]

Direct - Fixed Income

ESG incorporation in actively managed fixed income [FI 01 - 13] Implementation processes [FI 01 - 03] (A) Implementation: Screening [FI 04 - 07] (C) Implementation: Integration [FI 11 - 13] Fixed income - Engagement [FI 15 - 17] Outputs and outcomes [FI 18 - 19]

Direct – Private Equity

Overview [PE 01 - 02] Fundraising of private equity funds [PE 03 - 04] Pre-investment (selection) [PE 05 - 08] Post-investment (monitoring) [PE 09 - 13] Outputs and outcomes [PE 14 - 15] Communication [PE 16]

Assurance

Assurance [CM1 01.1 - 01.7]

Export Public Responses

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Basic information

OO 01. Signatory category and services

01.1. Select the services and funds you offer

Fund management

% of assets under management (AUM) in ranges

<10%

10-50%

>50%

Fund of funds, manager of managers, sub-advised products

% of assets under management (AUM) in ranges

<10%

10-50%

>50%

Other, specify

Further options for investment managers (may be selected in addition to the above)

Execution and advisory services

Hedge funds

Fund of hedge funds

01.3. Additional information. [Optional]

With nearly €9 billion under management, Idinvest Partners is a European leader in financing small and medium-sized companies. So far, Idinvest Partners has accompanied over 3,500 companies since its formation in 1997. Idinvest Partners is specialised in three business lines and launched in 2017 a new Asset Finance activity:

Venture and growth capital (€2.33bn of AUM): direct equity investment in young, innovative companies with very high growth potential.
Private Debt (€3.06bn of AUM): senior or subordinated debt investment in SMEs and mid-tier enterprises with organic or external growth plans.
Dedicated portfolios & funds (€3.35bn of AUM): primary funds (investment in private equity funds); secondary transactions (acquisition of units in existing private equity funds or direct investments in companies); and direct co-investments (direct investment in the equity of companies alongside a private equity fund).
Asset Finance (€150m of AUM): investment in industrial equipment that will then be leased out to European SMEs.

For each of its business lines, Idinvest Partners offers a range of funds to retail clients, who invest alongside its institutional programs.

In 2017 Idinvest Partners raised nearly €1.3 billion:

€398m for the venture and growth capital business line
€426m for the private debt business line
€358m for the dedicated portfolio & funds business line
€104m for its new business line, the Asset Finance business line

Idinvest Partners works alongside European entrepreneurs to help businesses grow quickly and in a sustainable way.

Idinvest Partners respects the independence of the companies in which it invests and provides them with expertise and advice in a variety of areas.
Idinvest Partners is actively involved in the various phases of business development, going from start-up (seed capital) to transfer of ownership.
Idinvest Partners develops strong, close relationships with its partners and clients, in line with its key values of trust, partnership and transparency.

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

France

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

90 FTE

02.4. Additional information. [Optional]

Idinvest Partners has 90 employees, all located at the headquarters of the company and 3 located in offices abroad. The headquarter includes members of the Executive Board, the teams of investment, the sales, communication and marketing department, the general secretary, the internal control and compliance and all support functions of investment activity.

Idinvest Partners strengthen its international footprint. In February 2017, the company opened two new offices in Shanghai and Frankfurt, and an office in Madrid in December 2017. The goal is to accompany the growth of its portfolio companies worldwide.

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

There is only one subsidiary, which is not a portfolio management company and as a consequence cannot be a PRI signatory.

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2017

04.2. Indicate your total AUM at the end of your reporting year, Exclude subsidiaries you have chosen not to report on and any advisory/execution only assets.

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

04.5. Additional information. [Optional]

With nearly €9 billion under management, Idinvest Partners is a European leader in financing small and medium-sized companies.

OO 06. How would you like to disclose your asset class mix

New selection options have been added to this indicator. Please review your prefilled responses carefully.

06.1. Select how you would like to disclose your asset class mix.

as percentage breakdown

	Internally managed (%)	Externally managed (%)
Listed equity	0 0	0 0
Fixed income	10-50% 34	0 0
Private equity	10-50% 26	10-50% 38
Property	0 0	0 0
Infrastructure	0 0	0 0
Commodities	0 0	0 0
Hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	0 0
Cash	0 0	0 0
Other (1), specify	<10% 2	0 0
Other (2), specify	0 0	0 0

'Other (1)' specified

          Asset Finance: through its new fund Idinvest SME Industrial Assets (ISIA), Idinvest Partners aims at financing industrial equipment for European SMEs.

as broad ranges

06.2. Publish asset class mix as per attached image [Optional].

Idinvest AUM.PNG [14KB]

06.3. Provide contextual information on your AUM asset class split. [Optional]

Fixed-income corresponds to Private debt and corporate financing - senior or subordinated debt investments in SMEs with organic or external growth plans (Unitranche, Senior Debt and Corporate Financing).
Direct private equity investments correspond to Venture and Growth capital - direct equity investment in companies with very high growth potential, particularly in digital, healthcare and cleantech sectors (energies and cities), but also direct equity co-investments.
Private Equity Externally managed corresponds to Private Funds Group - primary commitments, secondary transactions.
Other (1) corresponds to Asset finance - Idinvest Partners launched a new business line which aims at financing industrial equipment for European SMEs. Through its Idinvest SMEs Industrial Assets (ISIA) fund, with AUM of €150m, Idinvest Partners acquires core industrial equipment and enters into leasing contracts with SMEs of industrial sectors (including the following sectors: industrials, consumer staples, health care and materials). Thanks to this new investment instrument, Idinvest Partners plans to diversify its Private Debt financing offer.

OO 07. Fixed income AUM breakdown (Private)

OO 08. Segregated mandates or pooled funds (Private)

OO 09. Breakdown of AUM by market (Private)

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