A New Generation Takes Over
Private Equity Insight/ Out #12
What motivates you most in your job and what / who are your sources of inspiration?
Aurélie Comptour (AC): I would say it is the non-recurring types of business, diversity of investments/ industry/ geography and a mind-set focussed on entrepreneurship.
Emmanuelle Castella (EC): In private equity your job is to invest in companies and as such you are investing in the future of people and impacting their lives and of those around them which gives a certain meaning to your job.
Nicolas Milerioux (NM): Striving for innovation is full of surprises and challenges, and each day is a new off-road, bumpy adventure. But I always keep in mind the long term vision and take both successes and setbacks in my stride. Never give up and keep on climbing focusing on the peak.
Katrin Katzenberger (KK): My motivation is the team around me. I am convinced that without a good team, no one can do a good job.
Talking about new emerging trends like ESG – Environmental, Social and Governance, in the context of PE, what do this term mean to you?
EC: We are conscious of the impact that private equity can have on society and on the environment as a whole. It is therefore our responsibility, as an investor in the future, to make sure that the companies we invest in meet the ESG standards that we would expect of any company we would want to be associated with. Of all the ESG standards, we (NAC Partners)have the Environment impact closest to our hearts and always see how the company addresses environmental issues before committing to an investment.
Maxime Miossec (MM): The ecology and the environment is something that is very visible, very public and very sensitive. I take the example of my company (PAI Partners) where we have a dedicated ESG team. Our commitment to responsible investment is central to our activities, and fully integrated into our policies, processes and outcomes. ESG is now one of the key challenges in doing business.and Our targets have understood that and most of them have set-up dedicated teams themselves.
NM: Energy generation is directly linked to environmental concerns. We are clearly in the middle of a transition in generation and use and need to start acting now before the burden from overusing our resources increases for next generations.