Natixis Investment Managers’ sustainability- and thematics-focused affiliates, Mirova and Thematics Asset Management announced today the launch of a strategic merger project, aimed at creating a “unique offering” combining innovation and positive impact, and becoming “a major player in thematic management worldwide. “
Mirova was launched as a subsidiary of Natixis Investment Management in 2014, with a focus on sustainable and impact investing. The firm currently manages €32 billion (USD$36 billion), including a €3.1 billion thematics offering integrating strategies focused on issues ranging from the environment, climate and biodiversity to job creation and diversity.
Natixis launched Thematics AM in 2019 to provide investors with access to high conviction and active global thematic strategies. The investment company manages €3.1 billion in assets concentrated on five themes, including AI and robotics, water, security, health, and the subscription economy.
Karen Kharmandarian, President and CIO of Thematics AM, said:
“Following a successful initial development phase for Thematics AM, this strategic merger would enable us to offer enhanced collective expertise to our clients, providing a range of innovative thematic products that address their concerns and the challenges of our time.”
According to the firms, the merger will bring together Mirova’s international presence and expertise in sustainable finance with Thematics AM’s capabilities in thematic investment strategies to provide access to promising markets supported by secular growth factors, generating the ability to offer a diversified range of thematic investment products while adhering to high sustainability standards.
Mirova CEO Philippe Zaouati said:
“By joining forces, we could expand our offering in listed markets, better meet our clients’ expectations, and strengthen our position as a leader in responsible investment. This initiative perfectly aligns with our goal of doubling our assets by 2030 and increasing our positive impact on the environment and society.”
The transaction is anticipated to close in Q4 2025.
Natixis CEO Philippe Setbon added:
“By uniting the strengths of Mirova and Thematics AM, we aim to address the growing needs of our clients in an increasingly competitive market.”
