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Development Capital Small Caps

 Composant WebPart Éditeur de contenu ‭[1]‬

Managed fund

The Edmond de Rothschild Investment Partners innovative investments team manages €120 million through ten FCPI funds raised between 2000 and 2007.

These funds were marketed to private investors by partners of La Compagnie Financière Edmond de Rothschild or by third party institutions, including Société Générale and Union Financière de France, who chose to entrust management of their funds to the Edmond de Rothschild Investment Partners team.

Investment policy : Combining performance with limited risk

In accordance with the 1997 Finance Act, 60% of FCPI funds must be invested in companies meeting specific criteria classifying them as innovative companies. Out of this share, 45% is invested by the dedicated innovation fund management team in partnership with the Development Capital team according to the investment strategy described below. The remainder is directly managed by the Life Sciences team.

For the purposes of prudence, the remaining 40% outside the quota is invested in dynamic unit trusts and money-market products.

What makes a company innovative?

We often find that the managers or intermediaries that we meet think that their business is not eligible for FCPI investment. We propose working closely with you to help you obtain “OSEO ANVAR label” status, thus enabling us to become involved in your company. The key criteria are attainable for many SMEs.

 Composant WebPart Éditeur de contenu ‭[2]‬

The strategy : Innovative development capital

As well as investments in biotechnology and information technology companies, the team has built a portfolio with holdings in companies operating in more traditional industrial and service sectors.

The team supports listed and unlisted companies that are profitable or close to profitability whose turnover exceeds €5 million, which show strong growth and in which the CEO is a significant shareholder.

The funds either make equity contributions to finance the internal development of the company and acquisitions or purchase shares following a reorganisation of the shareholding structure.

The FCPI funds invest in minority shareholdings, placing from €1 to €4 million per investment. In addition, the team is capable of structuring larger transactions with historical partners.

Partnership with the executives

Our organization and reactivity enable company managers to obtain swift, constructive responses to their proposals to open their capital or sell shareholdings.

Through our partnership with each portfolio company and its management team, typically over a five-year period, we aim to support management on the key issues facing the company, being for example: strategic thinking, internal organization (production, logistics, financial management etc), or planning and financing acquisitions.

The aim of our ‘active investor’ approach is to optimize the value of the business for all the shareholders.

 Composant WebPart Éditeur de contenu ‭[3]‬

         PIERRE-MICHEL PASSY
President of Edmond de Rothschild Investment Partners
 


ALEXANDRE FOULON
Investment Director
     ANDRÉ RENAISON
Investment Director
SABRINA BAZIRE
Analyst
    

 Module PorteFeuille ‭[4]‬

Non quoted investments in portfolio

BARRAULT RECHERCHE

Portefolio since :2009

Localisation :France (Avrillé)

Board member :Alexandre Foulon

Sector :Energy

Businesses :Optimization of energy use and fluids in the industrial sector

Operation :OBO

ID-REP

Portefolio since :2009

Localisation :France

Board member :Alexandre Foulon

Sector :Electronic

Businesses :Industrial electronic services

Operation :OBO

JP PELTIER

Portefolio since :2008

Localisation :France (Remiremont)

Board member :Alexandre Foulon

Sector :Interior design

Businesses :Interior design and organization of retail space

Operation :LBI

EXCLUSIVE NETWORKS

Portefolio since :2007

Localisation :France

Board member :Sylvain Charignon

Sector :IT

Businesses :IT security solutions

Operation :OBO

BEST OF MEDIA

Portefolio since :2007

Localisation :France (Paris)

Board member :Antoine Le Bourgeois

Sector :Publishing

Businesses :Online media publishing companies

Operation :Cash In

ADEX

Portefolio since :2007

Localisation :France (Paris)

Board member :Antoine Le Bourgeois

Sector :software and computing services company

Businesses :Three main businesses in the sector of software and computing services: Advice and know-how (project management), solutions (system integrations), engineering (development of data systems)

Operation :Cash In for Build Up

ACHAT VIP

Portefolio since :2006

Localisation :France (Paris)

Board member :Alexandre Foulon

Sector :etrade

Businesses :Web site for private sales of luxury brands. Discounts up to 50 %. Achatvip is a brand of the group OLFO SA which has also the following web sites: www.adsl-facile.com, www.achatfacile.fr, www.privateoutlet

Operation :cash In

LABORATOIRES FILORGA

Portefolio since :2006

Localisation :France (Paris)

Board member :Alexandre Foulon

Sector :Medical products

Businesses :Products in cellular biotechnology, servicing aesthetic medicine and surgery, beauty professionals and beauty addicts

Operation :Management Buy In.

NETBOOSTER

Portefolio since :2006

Localisation :France (Paris)

Board member :N/A

Sector :Internet

Businesses :Internet referencing services

Operation :Pre-IPO investment

BIOSPACE LAB

Portefolio since :2005

Localisation :France

Board member :Raphaël Wisniewski

Sector :Medical technologies

Businesses :Development and commercialization of imaging solutions for pre-clinical research.

Operation :Capital increase

ONCOMETHYLOME SCIENCES

Portefolio since :2005

Localisation :Belgium

Board member :Raphaël Wisniewski

Sector :Medical diagnostic

Businesses :Development of in vitro diagnostic tests for oncology

Operation :Capital increase

MORIA

Portefolio since :2005

Localisation :France (Paris)

Board member :Sylvain Charignon

Sector :Equipment goods

Businesses :Products for ophthalmic surgery

Operation :Share sale (OTC market).

GROUPE EURILOGIC

Portefolio since :2002

Localisation :France (Paris)

Board member :Antoine Le Bourgeois - Alexandre Foulon

Sector :Services

Businesses :IT service company

Operation :Capital increase to finance external growth.

BIOALLIANCE PHARMA

Portefolio since :2001

Localisation :

Board member :N/A

Sector :

Businesses :Développement et commercialisation de médicaments anti-cancéreux et anti-viraux adressant le problème de la résistance.

Operation :Cash in

 Module PorteFeuille ‭[3]‬

Realised non quoted investments

IGNA

Portefolio since :2008

Localisation :France (Nantes)

Board member :Gilles Nobécourt

Sector :Services

Businesses :Nuclear DNA analyses for the police and justice

Operation :Capital increase

U3 PHARMA

Portefolio since :2008

Localisation :Germany

Board member :Gilles Nobécourt

Sector :Medical devices

Businesses :

Operation :OBO

BVA

Portefolio since :2007

Localisation :France (Paris)

Board member :Antoine Le Bourgeois

Sector :Services

Businesses :Political and social polling studies

Operation :Capital increase.

CHAPITRE.COM

Portefolio since :2007

Localisation :France (Paris)

Board member :Pierre-Yves Poirier

Sector :Internet

Businesses :On-line bookshop

Operation :Capital increase.

NOVEXEL

Novexel

Portefolio since :2007

Localisation :France (Paris)

Board member :Olivier Litzka

Sector :Therapeutic products

Businesses :Development of anti-infective drugs

Operation :Capital increase

EXONHIT THERAPEUTICS

Portefolio since :2007

Localisation :

Board member :

Sector :

Businesses :Plate forme de puces à ADN permettant d'analyser l'épissage des ARN, et la mise au point de tests diagnostiques, et de médicaments.

Operation :

ACTEON

Portefolio since :2005

Localisation :France (Bordeaux)

Board member :Pierre-Michel PASSY

Sector :Equipement médical

Businesses :Le Groupe ACTEON conçoit et commercialise une gamme complète de matériel dentaire électronique depuis plus de 30 ans et a obtenu les certifications ISO 9001, EN 46001 et ISO 13485.

Operation :Capital increase.

LABORATOIRES CLABO

Portefolio since :2005

Localisation :France (Limoges)

Board member :Sylvain Charignon

Sector :Services

Businesses :A network of accredited testing laboratories serving the food processing, retail, food service, pharmaceutical and cosmetic industries.

Operation :Capital increase.

SPINE NEXT

Portefolio since :2004

Localisation :France (Bordeaux)

Board member :Olivier Litza

Sector :Medical devices

Businesses :Orthopaedic implants

Operation :Capital increase.

 Module PorteFeuille ‭[2]‬

Quoted investments in portfolio

PROWEBCE

Portefolio since :2009

Localisation :France (Levallois-Perret)

Board member :N/A

Sector :Computer technologies

Businesses :Publisher of management software packages and e-trade computer solutions for “Comité d’Entreprise”

Operation :Cash in

BUDGET TELECOM

Portefolio since :2006

Localisation :France (Montpellier)

Board member :N/A

Sector :Telecommunication services

Businesses :Telecommunication operator

Operation :Cash in

MASTRAD

Portefolio since :2006

Localisation :France (Paris)

Board member :N/A

Sector :Consumer good

Businesses :Development and marketing of kitchen utensils

Operation :Cash in

HOLOGRAM INDUSTRIES

Portefolio since :2006

Localisation :France (Bussy-Saint-Georges)

Board member :N/A

Sector :Security solutions

Businesses :Document security (Identity and fiduciary documents), Brand protection (authentication, traceability)

Operation :Cash in

PRISMAFLEX

Portefolio since :2006

Localisation :France (Lyon)

Board member :N/A

Sector :Media

Businesses :Design, manufacture and marketing of advertising medium for external communication.

Operation :Cash in

INFOTEL

Portefolio since :2005

Localisation :France (Bagnolet)

Board member :N/A

Sector :Computing services

Businesses :Application supplier of software and computing services and editor of software packages mainly for corporate companies

Operation :Cash in

AUBAY

Portefolio since :2005

Localisation :France

Board member :N/A

Sector :IT

Businesses :IT service

Operation :Cash in

PHARMAGEST INTERACTIVE

Portefolio since :2004

Localisation :France (Ludres)

Board member :Raphaël Wisniewski

Sector :Medical software

Businesses :Editor and integrator of management software packages for pharmacies

Operation :Capital Increase

NOVAGALI PHARMA

Portefolio since :2004

Localisation :

Board member :Raphaël Wisniewski

Sector :

Businesses :Développement de médicaments pour l'ophtalmologie.

Operation :Capital Increase

SWORD

Portefolio since :2003

Localisation :France

Board member :N/A

Sector :IT

Businesses :

Operation :IT service

Realised quoted investments

HARVEST

Portefolio since :2005

Localisation :France

Board member :N/A

Sector :Software

Businesses :Patrimony optimisation software

Operation :Cash in

AIROX

Portefolio since :2005

Localisation :France (Pau)

Board member :N/A

Sector :Medical equipments

Businesses :Manufacturing of mechanical ventilation and respiratory care devices

Operation :Cash in

NEXO

Portefolio since :2003

Localisation :

Board member :N/A

Sector :

Businesses :Société spécialisée dans la fabrication d'enceintes professionnelles de sonorisation haut de gamme.

Operation :Cash in

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