Family office for the Bel Group’s family shareholders
Our vision
Aestia Capital’s purpose is to offer balanced wealth management solutions.
Aestia Capital thus offers two complementary strategies structured as follows:
- Private markets: direct or co-investments and investments in private equity funds;
- Listed markets: a wealth management fund with a composite index as its benchmark (70% bonds, 30% equities) seeking optimal diversification and balanced performance.
The investment team strives to achieve a positive and long-term impact and therefore pays close attention to the sustainability and corporate responsibility of the investments it makes.
Private equity strategy
Private equity strategy
Aestia Capital’s aim is to make significant but minority capital contributions and provide direct or indirect support for the development of growth SMEs and ISEs in Europe and North America.
Investment criteria
Any sector on a structural long-term growth trajectory
A history of growth and profitability
Critical mass of over €15m in revenue
Convictions within the management team
Investment ticket of up to €10m
Listed assets strategy
Aestia Capital also offers a wealth management fund designed to achieve optimal diversification and balanced performance for investors wishing to position themselves on a liquid strategy. The fund is indexed to a composite benchmark: 70% Bloomberg Euro Aggregate for the fixed income component and 30% MSCI EMU for the equity component. Such allocation offers a moderate level of risk and seeks to optimise the risk/reward profile in the medium term based on a dynamic approach to asset allocation and a rigorous approach to asset management.
The fund is a robust wealth management solution that is able to adapt to changing economic circumstances and generate sustainable performance.
Our background
Aestia Capital emerged as a result of the entrepreneurial DNA of the family that owns the Bel Group. Sustainable and purpose-driven value creation on behalf of both individuals and society is what lies at the very heart of the Aestia Capital project.
The Bel Group is a family firm celebrating its 160th anniversary this year. It is a major player in the market for healthy food and snacks made from dairy, fruit and vegetables, and owns a whole range of iconic brands including La Vache qui rit®, Kiri®, Babybel®, Boursin®, Pom’Potes® and GoGo squeeZ®.
Aestia Capital is driven by its vision of sustainable and purpose-driven value creation on behalf of individuals and society alike and therefore subscribes to a holistic and responsible approach to investment.
Aestia Capital is a family office geared towards pursuing the diversification strategy adopted 15 years ago by Unibel, the Bel Group’s active holding company. It is established as an investment management company approved by the Autorité des Marchés Financiers (AMF, France’s financial markets authority) and offers its family shareholders wealth management solutions combining different investment horizons while operating within a rigorous regulatory framework.
Our team
Aestia Capital was founded at the instigation of the Bel Group’s family shareholders by Valentine Deramecourt and Hubert Corpechot, capitalising on their extensive and complementary fields of expertise.
Hubert Corpechot
President and listed fund manager
Hubert was Secretary General at Unibel where he worked on diversification matters, after having held various positions in the finance departments of the Bel Group and Air France. Hubert is also a lecturer at Université Paris -Dauphine teaching the subject of “corporate financial risk management”.
Hubert is a graduate of the Ecole Centrale Nantes and holds a Master’s degree in Finance from Université Paris-Dauphine (Master 104).
Valentine Deramecourt
Managing Director and private equity fund manager
Valentine has 12 years of experience in the world of private equity and was until recently a partner at Extens, a European small cap investment fund. Valentine’s investment career has also included a role as Chief Financial Officer France at Altavia, a group she spent 5 years working for.
Valentine holds a Master’s degree in Financial Engineering from EM Lyon, a 1-year Master’s degree from Université Paris-Dauphine, and a Bachelor’s degree in Finance and Economics from San Francisco State University
Clément Bonnet
Financial analyst
Clément is a financial analyst at Aestia Capital.
He was previously an analyst for Unibel’s investment teams. Prior to that, Clément spent time working in the Manitou Group’s Corporate M&A team after having acquired his first work experience at Bpifrance Financement.
Clément is a graduate of EM Grenoble.
Our advisers
Eric de Poncins
Chairman of the Supervisory Board
Eric de Poncins is Chairman of Aestia Capital’s Supervisory Board and also Chairman of Unibel’s Management Board. He has 30 years of experience in international strategic business development and external growth support, primarily within family firms.
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