About This Fund
Amundi ETI Megatrends III is a private equity fund focused on investing in unlisted mid-sized European companies (ETIs) that are aligned with long-term transformative megatrends—namely technology, demographics, and environmental sustainability. The fund follows a thematic strategy designed to capture resilient growth across industries impacted by these structural shifts. The vehicle seeks to invest primarily through growth capital and buyout transactions. It will target both majority and minority stakes, aiming to play an active ownership role by supporting strategic decision-making, governance, and operational transformation. ESG considerations are deeply embedded in the investment process, in line with Amundi’s broader sustainability commitments. The fund plans to build a portfolio of 15 to 20 companies, with a target program size of €600 million. At first close, it raised €285 million—reflecting strong investor appetite and the successful track record of prior vintages. The investment team boasts over a decade of shared experience and strong historical performance, including a DPI of 1.5x for its 2018 vintage and early value creation in the 2021 vintage. Classified as an Article 8 product under SFDR, Amundi ETI Megatrends III also supports European strategic autonomy by focusing its capital deployment predominantly in France (at least 60%) and the broader EU (up to 40%). It prioritizes companies positioned to become future leaders in sustainable and technologically driven markets.