The Demeter fund is a €105 million FCPR devoted to services and technology companies in the areas of sustainable development involving:
– Eco-industries: water, air and waste treatment, site remediation, etc.
– Eco-energies: energy efficiency, renewable energies, etc.
The growth of the market of eco-industries has been higher than that of the GDP in Europe for several years and knows recent and clear inflection, related to an increased awareness of the stakes of environmental protection and natural resources.
At the same time, the energy sector is at the beginning of a period of sustained growth associated with the awareness of climate change, the sharp increase in the price of gas and the deregulation of the gas and electricity markets.
Lastly, new risks (industrial accidents, natural disasters and food and health hazards) have appeared or are becoming less tolerated, leading to the emergence of a new business sector.
In these 3 areas, Europe and France are at the leading edge world-wide, in terms of politics, regulation, technology and economics.
As clearly shown by a market study in France conducted by the Demeter team, compared to large groups,
several SMEs are especially well-positioned and will benefit from:
– growth in their markets,
– the introduction of new technology,
– the emergence of new markets.
These SMEs will be the investment targets of the Demeter fund.
Industrial structuring movements are underway and will continue with the growth of the markets targeted by Demeter. This dynamism will be both a source of opportunities and a significant liquidity factor for the Fund's investments.
Institutional investors
Large institutions invested in the Demeter Funds
The Demeter Fund is sponsored by the Caisse des Dépôts (CDC Entreprises) which has made sustainable development a major component of its development strategy.
The Institut Français du Pétrole acts as co-sponsor by contributing its expertise in the areas of energy and the environment.
Most investors in the Funds are insurance companies and retirement or provident funds and French or European pension funds.
The funds are also open to private investors if they invest a minimum of €1 000,000 and if they are considered sophisticated investors within the meaning of article 414-27 of the general regulation of the Autorité des Marchés Financiers.