Legal

Demeter Investment Managers
7-9 rue la Boétie 75008 Paris – France
Phone : +33 1 43 12 53 33
N°agrément AMF : GP 05 000027
Capital social : 280 623€

Email address : contact@demeter-im.com

Publication Manager : Stéphane VILLECROZE

Registered owner

This website is owned by Demeter Investment Managers :
Société anonyme à directoire et conseil de surveillance with a capital stock of €280.623 registered in the Paris Trade and Companies Register under the reference 483 279 923 00039.

APE No.: 6630Z
Registered Office: 7-9 rue La Boétie – 75008 Paris – France
Intra-Community VAT Number: FR 84  483 279 923
Legal Representative: M. Stéphane Villecroze
Publication Manager: . M. Stéphane Villecroze
Contact: +33 1 43 12 53 33

Hosting

The website is hosted by o2switch :
SARL with a capital stock of €100 000 registered in the Clermont Ferrand Trade and Companies Register under the reference  510 909 80700024.

APE No.: 6311Z
Registered Office: 224 bd Gustave Flaubert 63000 Clermont Ferrand
Contact: +33 4 44 44 60 40

Regulatory information

Content of the site

This entire website is subject to French and international legislation on copyright and intellectual property.
Any reproduction or use of the information and contents published on this website is prohibited without the written consent of Demeter.
Demeter is not responsible for the content of external websites to which the hyperlinks on this website refer.
Furthermore, the contents published on this website must not be considered as an incentive to invest, nor as a commercial solicitation to subscribe, buy or sell shares of vehicles managed by Demeter.

Data protection and cookie management policy

As of July 31, 2018

Demeter places great importance on the protection of your personal data. As of May 25, 2018, the processing of your personal data is subject to EU Regulation 2016/679 of April 27, 2016 („GDPR“) on the protection of individuals with regard to the processing of personal data and on the free movement of such data.

1. Purpose of the policy

The purpose of this policy is to provide you with detailed information about how Demeter collects, protects and maintains your personal data, as well as why it is used and shared. This policy also aims to inform you of your rights regarding the collection and processing of your personal data and how to exercise your rights.

2. Who are we?

This website and our services are managed by Demeter and our main activity includes the management of investment funds in Europe.

Demeter Investment Managers is a public limited company with a supervisory board and a management board with a capital of €280,623, having its registered office at 7-9 rue la Boétie – 75008 Paris and registered in the Paris Trade and Companies Register under 483 279 923. Demeter Investment Managers is registered with the Autorité des Marchés Financiers (GP 05 000027) whose registered office is located in 17, place de la Bourse – 75082 Paris.

3. What personal data does Demeter use?

Demeter may collect different types of personal data about you, in particular :

  • Your identification information (name, first name, nationality, date and place of birth, gender);
  • Your contact information (postal address and e-mail address, telephone number);
  • Your family status (e.g., marital status, number of dependents);
  • Information about your education, occupation and work experience and financial literacy;
  • Data related to your subscription to financial products managed by Demeter (banking, financial and transactional data, experience in subscribing to private equity products, etc);
  • Data collected in the context of exchanges, on its website or on social networks, or during meetings or fairs, interviews, telephone conversations, emails

4. For what purpose does Demeter use your personal data?

To comply with its legal or regulatory obligations ;

  • To enter into a contract with you or to contact you, at your request, with a view to entering into a contract;
  • To communicate periodically about our news or those of our portfolio companies;
  • To invite you to participate in its events.

5. With whom does Demeter share your personal data?

Your personal data is used exclusively by Demeter and will not be sold or transmitted to third parties. However, it may be communicated in certain cases, namely :

  • To judicial or financial authorities, state agencies or public organizations, upon request and within the limits of what is authorized by the regulations;
  • To service providers performing services on behalf of Demeter (custodians, auditors, etc.).

6. How long is your personal data stored ?

Demeter keeps your personal data :

  • as long as necessary for the purposes for which they were collected and processed;
  • for the period of time necessary to comply with applicable regulations and in particular with applicable statutes of limitation;
  • for a period of time defined with regard to its operational constraints (life of the funds, management of the customer relationship, etc.);
  • to respond to legal requests or requests from authorities and regulators.

7. What are your rights and how can you exercise them?

Depending on the legislation applicable to your situation, you can exercise the following rights:

  • Right to information: you have the right to be informed in a precise, accurate, transparent and accessible manner;
  • Right of access: you can obtain information about the processing of your personal data as well as a copy of these data;
  • Right of rectification: if you consider that your personal data are inaccurate or incomplete, you can request that these data be rectified or completed accordingly;
  • Right to erasure: you may request the deletion of your personal data, to the extent permitted by law;
  • Right to restrict processing: in certain cases, you may request that the processing of your personal data be restricted;
  • Right to withdraw your consent: if you have given your consent for the processing of your personal data, you can withdraw this consent at any time. Demeter may, however, invoke legitimate and compelling reasons for retaining it;
  • Right to the portability of your data: where this right is applicable, you may request from Demeter the communication of your personal data, or, where technically possible, the transfer of such data to a third party, without Demeter being able to object to this.

You also have the right to object to the processing of your personal data for reasons relating to your particular situation. You have the absolute right to object at any time to the use of your data for commercial prospecting purposes, or for profiling purposes if this profiling is linked to commercial prospecting.

If you wish to exercise the aforementioned rights or if you simply wish to ask questions concerning the processing of your personal data, you can send an email to the following address : dataprotection@demeter-im.com or send a letter to the following address :

Demeter
7-9 rue la Boétie
75008 Paris

In accordance with the applicable legislation, in addition to the rights mentioned above, you have the right to contact a data protection authority, such as the CNIL in France www.cnil.fr.
Demeter may update its data protection policy at any time and post it online indicating the date of revision. We invite you to consult Demeter’s website regularly to stay informed of these updates.

8. How are cookies managed ?

When browsing the https://demeter-im.com/ website, one or more „cookies“ may be deposited on your computer, cell phone or tablet. This paragraph allows you to better understand how „Cookies“ work and how to set your Internet browsers to manage them properly.

What is a cookie? A „cookie“ is a small text file saved on your computer’s hard drive when you visit a site or view an advertisement. It is managed by your Internet browser. Its purpose is to collect information relating to your navigation on the sites, to send you personalized services, but it cannot be used to retrieve data from your disk, install a virus, or obtain your personal information.

If you wish to change the way a browser uses cookies or choose to disable cookies at any time, you can change your browser settings.

For more information on cookies, visit the CNIL website at http://www.cnil.fr/vos-droits/vos-traces/les-cookies/

ESG criteria

Demeter is committed to adopting an approach that respects ESG criteria within the management company and the companies held in its portfolios:

  • Presentation of the general approach of the portfolio management company on the taking into account of social, environmental and governance quality criteria in the investment policy and, if necessary, in the risk management

Demeter’s ESG approach is described in its procedure book and in a „Sustainable Development“ plan (available on request from the management companies).

Generally speaking, this approach is based on the following responsible investment approaches :

  • a responsible thematic approach :the funds managed by Demeter target investments in companies or projects positioned in sectors related to the environment and the energy transition.
  • an exclusionary approach : the funds managed by Demeter follow an ethical logic by excluding from their investment policy companies and projects in the following areas: the arms industry and the arms trade, the gambling and betting industry, the tobacco and alcoholic beverage industry and human cloning.

The funds managed by Demeter also act in accordance with the legislation applicable to them in terms of investment.

  • The integration of ESG criteria in the analysis of investment files:

An internal audit is carried out based on a questionnaire allowing an evaluation of the investments in terms of impact. This questionnaire is given to the target companies at the time of investment and then each year to the companies in the portfolio as part of our annual ESG campaign. Environmental and social issues are also taken into account in terms of risk assessment during the due diligence phase, during which a due diligence on social aspects is systematically carried out and a due diligence on environmental aspects is generally performed.

For each company in the portfolio, a summary ESG evaluation grid is also updated each year by the person in charge of monitoring the company, based on the most relevant KPIs for the company, according to its activity, size and sector.

These elements make it possible to evaluate the company’s progress on ESG issues, to highlight the points that still need to be improved, and to reflect on the means available to Demeter to promote these issues (raising these issues at the board of directors‘ meeting, for example, or through shareholder recommendations).

For Paris Green Fund, these internal due diligences will be completed by a detailed analysis of the environmental and territorial impact of the company’s product and service offering, conducted by Carbone 4.

  • Content, frequency and means used by the entity or portfolio management company to inform its clients:

Each year an ESG report is published on the Demeter website and sent to subscribers as well as to the companies in the portfolio.

  • List of managed collective investment schemes mentioned in 1° of I which simultaneously take into account social, environmental and governance quality criteria and percentage share of collective investment schemes taking into account these ESG criteria:
Mutual funds managed Shares (in%) of ESG criteria by Mutual Funds managed
FPCI EMERTEC 2 100%
FPCI EMERTEC ENERGIE ENVIRONNEMENT (3E) 100%
FPCI EMERTEC 4 100%
SCR Fonds Lorrain des Matériaux (FLM) 100%
FPCI Fonds Européen des Matériaux (FEM) 100%
FPCI EMERTEC 5 100%
FPCI Demeter 3 Amorçage 100%
FPCI Demeter 6 Amorçage 100%
FPCI AGRINNOVATION 100%
FPCI DEMETER 100%
FPCI DEMETER 2 100%
FPCI DEMETER 4 INFRA 100%
FPCI FMET (Fonds de Modernisation Ecologique des Transports) 100%
FPCI Paris Fonds Vert 100%

 

  • Possible membership of the entity, or of some of the collective investment schemes mentioned in 1° of I, to a charter, a code, an initiative or obtaining a label :

Demeter is a signatory of the following initiatives :

•  the France Invest charter,
•  the Principles for Responsible Investment (PRI),
•  the CDP (formerly Carbon Disclosure Project),
•  the Climate 2020 Initiative,
•  the Manifesto to decarbonize Europe (the Shift Project).

Demeter has made the following commitments:

  • President of the climate commission of France Invest,
  • Active member of the ESG commission and of the White Paper publication group of France Invest,
  • Member of the Energy and Ecological Transition for Climate Label Committee (TEEC)
  • Founding member of the World Alliance for Efficient Solutions
  • Member of the Cleantech Group,
  • Member of the Pexe Association,
  • Member of the Syndicat des Energies Renouvelables (SER),
  • Member of the Competitiveness Cluster dedicated to low-carbon energy production and energy efficiency (CAPENERGIES),
  • Member of the competitiveness cluster for energy transition (Tenerrdis).
  • Member of the competitiveness cluster for industries and agro-resources (IAR).

The following funds have been awarded the Energy and Ecological Transition for the Climate (TEEC) label :

•  The professional private equity fund Paris Fonds Vert
•  The professional private equity fund Demeter 4 Infra
•  The professional private equity fund Fonds de Modernisation Ecologique des Transports

  • General description of the consideration of ESG risks in the risk procedures:

DEMETER establishes, implements and keeps operational an appropriate and documented risk management policy that identifies the risks to which the Funds it manages are exposed or could be exposed. DEMETER has developed for each fund a risk map including those associated with social, environmental and governance quality criteria and the exposure of its activities to these risks in accordance with Decree No. 2015-1850 of December 29, 2015 issued pursuant to Article L. 533-22-1 of the Monetary and Financial Code.

  • Additional information on assets under management by Demeter:

Demeter does not have any fund with assets under management exceeding MEUR 500.

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