Mirova and Thematics Asset Management (AM), both affiliates of Natixis Investment Managers, have announced a strategic merger.
The merger aims to combine Mirova’s sustainable finance track record with Thematic AM’s high conviction thematic strategies.
The combination of the two firms will offer a range of thematic investment products to meet the varied needs of investors while adhering to high sustainability standards.
The transaction is expected to close in the fourth quarter of 2025, subject to regulatory approvals.
Philippe Setbon, CEO of Natixis Investment Managers, said: “This merger project perfectly aligns with our strategic ambition, Vision 2030.”
“By uniting the strengths of Mirova and Thematics AM, we aim to address the growing needs of our clients in an increasingly competitive market.”
Mirova manages $36.5bn in assets, of which $3.5bn are in thematic offerings across six strategies focused on issues such as the environment, climate, biodiversity, job creation, and diversity.
Thematics AM manages $3.5bn in assets concentrated on five themes: AI and robotics, water, security, health, and the subscription economy.
Philippe Zaouati, CEO of Mirova, said: “By joining forces, we could expand our offering in listed markets, better meet our clients’ expectations, and strengthen our position as a leader in responsible investment.”
“This initiative perfectly aligns with our goal of doubling our assets by 2030 and increasing our positive impact on the environment and society.”
Karen Kharmadarian, president and CIO of Thematics AM, said: “Following a successful initial development phase for Thematics AM, this strategic merger would enable us to offer enhanced collective expertise to our clients, providing a range of innovative thematic products that address their concerns and the challenges of our time.”
