French asset manager Mirova has picked Raphaël Lance for the newly created role of Global Head of Private Assets, a position that will oversee a new platform which incorporates the firm’s energy transition infrastructure business. Alongside its energy transition infrastructure operations, Mirova – which is a Natixis Investment Managers affiliate – has opted to combine its natural capital and private equity businesses into a single platform, which will be operational from 1 January 2025. Lance has been Mirova’s Head of Energy Transition Infrastructure Funds since 2009, a role he will retain alongside the new position. He manages nine funds which represent almost €4 billion (US$4.2 billion) of assets in renewable energy and low carbon mobility globally and manages a team of 45 people. Prior to joining Mirova, he spent 12 years at General Electric. The natural capital and private equity businesses will remain the direct responsibility of Anne-Laurence Roucher, who will report to Lance. “Raphaël has over 20 years of experience in managing energy transition funds, [and] has played a key role in Mirova’s growth since its creation,” said Philippe Zaouati, CEO of Mirova. “I am fully confident in his vision and his ability to define a strategic roadmap that will enable us to accelerate our development in the real assets sector, strengthen our expertise and develop synergies at both management and operational levels.”
