Alter Equity

Alter Equity stands as a pioneering French investment management firm that has developed an innovative approach combining positive impact and financial returns. Their distinctive investment philosophy targets businesses that deliver measurable benefits to society or the environment while maintaining responsible management practices. This balanced strategy is reflected in their "3P" framework—People, Planet, Profit—which emphasizes that financial performance need not be sacrificed when pursuing social and environmental objectives. The firm has established itself as a leader in the growing impact investment sector in France, offering investors the opportunity to align their capital with sustainable development while still receiving competitive returns.

The investment criteria employed by Alter Equity operates on two complementary levels. First, they select companies whose core products or services directly address significant social or environmental challenges, with activities that align with the United Nations Sustainable Development Goals. Second, they evaluate management practices, requiring portfolio companies to implement a structured Extra-Financial Business Plan (BPEF) that commits them to continuous improvement in their social and environmental responsibility. This dual approach ensures that impact is embedded both in what companies produce and how they operate, creating a comprehensive framework for sustainable business transformation.

Their second fund, ALTER EQUITY3P II, builds upon the impressive achievements of its predecessor with ambitious impact targets. The portfolio companies from their initial fund have collectively prevented 1.6 million tons of CO2 emissions—a significant contribution considering France's annual emissions of 450 million tons. Additionally, 92% of the companies in the first fund successfully achieved over 90% of their Extra-Financial Business Plan objectives, demonstrating the effectiveness of Alter Equity's impact-focused approach. Perhaps most notably, one-third of their portfolio companies are led by women, an exceptional statistic that positions Alter Equity as a leader in gender diversity among French investment funds.

ALTER EQUITY3P II provides flexible capital solutions, typically investing between €1 million and €10 million in growth-stage companies. For larger opportunities, the firm has demonstrated the capability to structure more substantial deals by collaborating with co-investors, enabling transactions of up to approximately €30 million. This scalable approach allows Alter Equity to support companies at various stages of development while maintaining their rigorous impact criteria. By combining financial resources with strategic guidance on sustainability practices, Alter Equity has positioned itself as a valuable partner for entrepreneurs seeking to build businesses that deliver both meaningful impact and strong financial performance.