In less than a year, the insurer and NextStage have invested nearly 150 million euros in innovative companies.
Eighteen months ago, the Minister of the Economy, Bruno Le Maire, launched the Relance investment funds. Its objective: to provide equity support to French companies, in particular small and medium-sized ones. And encourage households to invest the savings accumulated during the health crisis in the real economy. Since then, according to Bercy, 218 private equity funds have obtained the Relance label for an outstanding amount of 24.5 billion euros.
Demand from companies wishing to solidify their “capital assets” is there. The investment program launched in June 2021 by the insurer Axa France in partnership with the management company NextStage AM is also ahead of its roadmap. Called “Nuggets and Territories”, it had set itself the objective of investing 500 million in unlisted companies in two tranches, including 150 million from the general assets of Axa (savings accumulated in funds in euros) , by the end of 2022. “We have already invested…