6 November 2020
Deals | France | Asset Management & Investment Funds
Gide has advised XAnge (Siparex group) on structuring the first Mutualité Française fund with social and environmental impact, dedicated to healthcare and support.
Mutualité Française (FNMF), the French national federation of mutual health insurance policy providers, has established Mutuelles Impact, the first mutual investment fund for social and environmental impact in the healthcare and support sector. The fund, set up on the initiative of the Mutualité Française, brings together 44 FNMF member institutions and will invest in healthcare safety, coordinated healthcare, and health and social matters.
Managed by XAnge and drawing on the expertise of Investir&+, two leading impact fund players, Mutuelles Impact has just conducted its first closing, with the objective of raising EUR 100 million.
The Gide team comprised counsel Rima Maîtrehenry and associate Maéva Gatineau.