Sienna Investment Managers (Sienna IM) has achieved a remarkable milestone by surpassing €40 billion in assets under management (AUM) by the end of 2024, just three years after its creation. This includes €3.4 billion in assets under administration and advisement, with listed assets accounting for more than two-thirds of total inflows. The company saw a strong 19% increase in AUM compared to 2023, driven by a robust €6 billion influx. This growth highlights the trust investors have placed in Sienna IM, which has benefited from synergies enabled by its multi-expertise model.
The Listed Assets division saw inflows of €5.3 billion, fueled by the success of its bond, money market, and equity funds. Despite the challenging market environment, thematic strategies like Sienna Actions Emploi Retraite Solidaire and Sienna Obligation Impact Social, launched in 2022, have reached significant milestones.
In the Private Credit division, Sienna IM saw €400 million in inflows, benefiting from a solid commercial dynamic in direct loans. Notable achievements include the first closings of SID3 (Sienna Sustainable Infrastructure Debt), Sienna Biodiversity Private Credit, and the Special Situations fund in Italy.
The Hybrid Assets expertise has proven popular with investors, reaching almost €350 million in AUM in just two years. Meanwhile, the Real Estate division reported €350 million in transactions, marking key deals in Ireland, the UK, and Poland.
Sienna Investment Managers have identified three strategic areas of development for the upcoming years:
– Consolidation of relationships with existing investors and partners;
– Democratization of private assets for retail clients;
– Strengthening the range of tailor-made private debt investment solutions for institutional clients.
Paul de Leusse, Chairman of Sienna IM, comments : “At the end of a particularly dynamic year, marked by expansion in terms of both offering and European presence, Sienna Investment Managers intends to go even further. In the three years of our existence, we have proven our agility and ability to innovate in response to economic and regulatory opportunities, such as the Green Industry Act (loi Industrie verte). In 2025, our teams will remain more than ever at the service of institutional investors and retail clients, as well as European mid-market companies.”