Miura Partners raises a new impact fund of 150 million

The investment firm Miura Partners consolidates its commitment to sustainable investment.

Thomas Osborne
Thomas Osborne
22 July 2022 Friday 11:56
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Miura Partners raises a new impact fund of 150 million

The investment firm Miura Partners consolidates its commitment to sustainable investment. The Barcelona-based company has raised its first social and environmental impact fund to support high-growth small-cap companies in southern Europe. The fund, with a size of 150 million euros, has the backing of the most relevant private and institutional investors of the entity.

In this way, the group is committed to a new investment strategy focused on three segments of the impact market -healthy life, prosperous communities and regenerative planet-, which incorporate sectors such as innovation in health and well-being, training, edtech technology, social inclusion and environment. "With this new fund we will support a new generation of companies capable of responding to the challenges we face as a society, consistently generating financial and sustainable returns," explains Luis Seguí, founding partner and CEO of Miura.

Through this new vehicle, the firm will invest in a dozen companies with the intention of actively participating in their plans for growth and impact. To do this, it has developed a new methodology that complements its ESG model (environmental, social and governance criteria) and has a new tool to ensure that investments are aligned with the Sustainable Development Goals (SDG). ) from the United Nations or other reference guides.

Likewise, the fund will link its success fee to the achievement of certain impact objectives established for each of the investee companies. In addition, Miura will allocate part of his commissions to weave alliances with non-profit organizations. The new fund, led by Luis Seguí, will be managed by the partners Gustavo Barroeta, Guillem Augé and Esther Sarsa.

Miura, with a 15-year track record investing in private equity and focusing on promoting medium-sized companies, has also focused in recent years on smaller companies with sustainable business models. “They are companies that once they have adequate growth and adequate impact tools, have a strategic value that is even higher than traditional investment companies,” says Seguí.

The group, with more than 1,200 million assets under management, has invested since 2008 in more than 50 companies, in operations valued as a whole at 2,000 million euros.