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Natixis merges private equity units to create $6.7bn alternatives business

French fund manager responds to the growing institutional demand for alternative asset classes

Natixis merges private equity units to create $6.7bn alternatives business
Photo: Getty Images

Natixis Investment Managers has combined three of its private equity subsidiaries in a bid to win more business from big investors upping their allocations to alternative assets.

The €861bn asset manager has launched Flexstone Partners, which brings together its existing Euro-PE, Caspian Private Equity and Eagle Asia divisions. The new unit will be led by Eric Deram, founder and managing partner of Euro-PE, and oversee assets worth $6.7bn.

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