Alter Equity 3P

Alter Equity 3P is the latest fund from Alter Equity, a pioneering French impact investment firm based in Paris. Established in 2015, Alter Equity distinguishes itself by specializing in growth capital and buyout investments, exclusively targeting companies that demonstrate a strong, measurable positive impact on society and the environment. This dual focus on financial performance and sustainability positions Alter Equity as a significant player in the European impact investing landscape, aiming to generate both competitive returns and tangible societal benefits.

The firm's investment strategy is centered on identifying high-growth potential businesses that align with its stringent impact criteria. Alter Equity typically provides first cheques ranging from €3 million to €15 million, which translates to approximately $3.24 million to $16.2 million USD, depending on the prevailing exchange rates. These investments are directed towards companies operating across various sectors, including sustainable food, circular economy initiatives, renewable energy, health and well-being, and social inclusion. The firm emphasizes a hands-on approach, working closely with portfolio companies to scale their operations while amplifying their positive impact.

Alter Equity has demonstrated consistent growth in its fundraising efforts, reflecting increasing investor confidence in its impact-driven model. Its first fund, Alter Equity I, successfully raised €50 million. This was followed by Alter Equity II, which closed at €110 million in 2020, significantly exceeding its initial target. The current fund, Alter Equity 3P, launched in 2023, is ambitiously targeting a total of €250 million. This progression in fund size underscores Alter Equity's expanding capacity to support a broader range of impact-focused enterprises, reinforcing its commitment to fostering a sustainable and equitable economy.