Mirova, a subsidiary of Natixis Investment Managers, has launched a new social impact private equity strategy, Mirova Impact Life Essentials.
The fund, known as MILE and classified as ‘Article 9’ under the Financial Sustainable Disclosure Regulation, is targeting CHF 192 (€200 million) from European institutional and private investors.
MILE is designed to support the growth of European unlisted companies that seek to ease the transition to a better society.