1ST INVESTMENT FUND FOR THE ACCELERATION
OF ENTREPREURIAL AND BOUTIQUE INVESTMENT FIRMS
Acting as a true “acceleration partner” EMERGENCE provides the most promising and innovative French entrepreneurial asset managers with seed money to expand their funds, that is essential for their growth and their international development.
- Our Originality
- Emergence's Stucture
Emergence offers an unique and original model where the interests of institutional investors and entrepreneurial asset managers come together.
This originality is formed of four pillars:
❑ A rigorous selection of new talents in the asset management industry, submitted for decision to the vote of Investment Committees;
❑ A seed investment (with a lock-up period), provided to loosen the constraint of concentration ratios;
❑ The support of a recognized brand to develop visibility in France and internationally;
❑ An incentive scheme motivating institutional investors to “invest together”:
✓ By being placed at the core of Emergence’s corporate governance
✓ By being interested in the growth of the selected asset managers through revenue sharing deals
To source and analyse the most promising asset managers, Emergence relies on the renowned expertise of its delegated asset management company, NewAlpha AM.
800 Millions Euros of Capital Raised Since 2012
The capital raised by Emergence is invested in financial markets through the seeded funds managed by Emergence’s selected asset
managers-come partners, covering the following investment objectives:
A recognized brand for sustaining an international development
Through its original model-come-brand, Emergence boosts reputation and development of entrepreneurial and boutique asset managers among international investors.
Total AUM managed by Emergence’s asset manager partners: reached 7.4 billion Euros (3.4 billion Euros before Emergence’s seeding) of which 50% comes from international investors (figures from 31/12/2018).
AN INCENTIVE SCHEME PROMPTING INSTITUTIONAL INVESTORS TO INVEST TOGETHER
Emergence offers an unique scheme for enhancing the interests of institutional investors:
A key role in the core of Emergence’s corporate governance
❑ Full presence on the Board of Directors to define the global strategies of the umbrella fund;
❑ Full participation in the Investment Committees to approve the delegated asset manager’s investment proposals.
Access to a dual source of return
❑ The net performance of the sub-fund resulting from investments in each of the seeded funds;
❑ An added revenue linked with a fee-sharing agreement based on the future increase of AUM of the accelerated asset management companies.
Encouraging the dissemination of responsible investment
Practical SRI Handbook for emerging asset management companies
ESG Policy applying to Emergence equity sub-funds
Through its delegated asset management company, Emergence provides support to entrepreneurial asset managers on how to integrate ESG best practices in order to meet institutional investors’ expectations.
For this purpose, Emergence produced and made available:
- Its Practical handbook on Socially Responsible Investment (SRI) presenting the minimum requirements needed to implement a consistent SRI policy regarding asset management companies’ own governance and their investment decision processes.
- Its ESG policy, basis of the extra-financial criteria held by institutional investors as Emergence’s members with regard to responsible investment. It applies to investments in its equity sub-funds starting with Emergence Europe.