Armen presents Armen HEC Value Sharing Index, the first index for value sharing in European asset management companies (GPs)
“We are convinced that the GPs that combine performance with the well-being of their teams and value sharing will be the most successful in the long term. Armen’s mission can be broken down into three objectives, one of which is to share the economic value created internally and within the management companies in our portfolio. This is why we wanted to develop a study that examines the progression of this theme across Europe for management companies.”
Dominique Gaillard, Chairman of Armen
Armen is a company with a mission, as defined by the Pacte Act of 2019.
The management company’s mission is : ” Contribute as a trusted partner to a positive transformation of the private capital ecosystem and steer GPs and their portfolio companies towards a sustainable future in a responsible manner “
Our mission can be broken down into three ambitious objectives. They translate into concrete actions to be implemented both by Armen and by the management companies in our portfolio.
These objectives will mark the start of a positive trajectory for these management companies. We have therefore defined quantified objectives, applicable to all management companies:Promoting equal opportunities, particularly parity.Sharing the value created internally at several levels of our ecosystem.Mitigating climate change and protecting biodiversity, by offering strategic support to management companies.
Promoting equal opportunities, particularly parity.
Sharing the value created internally at several levels of our ecosystem.
Mitigating climate change and protecting biodiversity, by offering strategic support to management companies.
As shareholders, General Partners (GPs) are key stakeholders. Among the initiatives discussed with our Mission Committee, we decided to create the Armen HEC Value Sharing Index, in partnership with HEC Junior Conseil, to promote the concept of value sharing and encourage its implementation in the European Private Equity ecosystem. The index is a tool for setting targets and measuring performance through data on the value sharing practices of GPs across Europe. We hope that the index will help to educate the market and have an impact on the governance of GPs, while highlighting the management companies that are leading the way in this area.
The purpose of this index is twofold: