Merger: Natixis subsidiaries Mirova and Thematics AM plan to merge

The asset managers Mirova and Thematics Asset Management, both subsidiaries of Natixis Investment Managers , plan to merge. The aim is to expand their offerings in the area of ​​thematic investments.

Mirova, which specializes in sustainable investments, managed assets of €32 billion as of March 31, 2025. Of this, €3.1 billion is allocated to thematic investment strategies in the areas of environment, climate, biodiversity, employment, and diversity. Thematics Asset Management manages €3.1 billion across five thematic strategies: AI and Robotics, Water, Security, Health, and Subscription Economy.

Completion expected for fourth quarter

According to the companies, the merger will combine Mirova's international presence with Thematics AM's thematic investment approaches.

Philippe Setbon, CEO of Natixis Investment Managers , explains that the project is in line with the company's strategic direction. Philippe Zaouati of Mirova and Karen Kharmadarian of Thematics AM see the merger as an opportunity to expand the offering and strengthen the market position.

The transaction is expected to close in the fourth quarter of 2025. Implementation is subject to the necessary social procedures and regulatory approvals.

Natixis Investment Managers is part of the BPCE Group and, according to its own information, manages assets of more than 1.3 trillion US dollars (1.2 trillion euros) as of March 31, 2025.