{"id":30892,"date":"2024-04-25T10:39:26","date_gmt":"2024-04-25T08:39:26","guid":{"rendered":"https:\/\/www.wendelgroup.com\/?page_id=30892"},"modified":"2026-04-03T10:39:38","modified_gmt":"2026-04-03T08:39:38","slug":"investment-strategy","status":"publish","type":"page","link":"https:\/\/www.wendelgroup.com\/en\/about-us\/investment-strategy\/","title":{"rendered":"Investment strategy"},"content":{"rendered":"<div\n    data-observer=\"item\"\n    data-animation-type=\"fade\"\n    class=\"module module-cover \"\n>\n        <div class=\"module-content\">\n        <div class=\"background\">\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/backup-screen-1080.jpg\"\n                alt=\"BACKUP_SCREEN_1080\"\n            \/>\n        <\/div>\n                <div class=\"grid\">\n            <div class=\"row r-1\">\n                <div class=\"column-10\">\n                    <div class=\"title\">\n                        <h1>Investment strategy<\/h1>\n                                            <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n<div\n    data-observer=\"item\"\n    data-animation-type=\"fade\"\n    class=\"module module-introduction with-margin-top- no-padding- add-bottom-padding-\"\n>\n    <div class=\"module-content\">\n        <div class=\"grid\">\n            <div class=\"row r-1\">\n                <div class=\"column-10\">\n                    <p><strong>In 2023, Wendel initiated a strategic shift with the creation of a new private asset management business for third parties, alongside its long-standing principal investments business.<\/strong><\/p>\n\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n<div\n    data-observer=\"item\"\n    data-animation-type=\"fade\"\n    class=\"module module-text with-margin-top- no-padding-1 add-bottom-padding- is-center-1\"\n>\n    <div class=\"module-content\">\n        <div class=\"grid\">\n            <div class=\"row r-1\">\n                <div class=\"column-8\">\n                    <div class=\"text-content\">\n                        <p>&nbsp;<\/p>\n<p>In less than three years, we have carried out a major strategic transformation. We have evolved from a traditional investment holding company into a diversified investment firm focused on creating long-term value through controlled private assets managed on our own behalf and on behalf of third parties. The value created by Wendel now serves both its clients and shareholders, while preserving its long-term investor DNA.<\/p>\n<p>First, we carried out several external growth operations to build our private asset management business on behalf of third parties. At the same time, we implemented a new operational investment model to make investments on our own behalf more efficient<strong>.<\/strong><\/p>\n<p>Wendel now operates two robust, complementary value-creation engines, both focused entirely on private assets:<\/p>\n<ul>\n<li><b>Wendel Investment Managers (WIM)<\/b>, our multi-affiliated private asset management platform, specialized in the mid-market, generating recurring and predictable cash flows. It adresses the needs of institutional investors in three private asset classes: private equity, private debt, and secondary.<\/li>\n<li><b>Wendel Principal Investments (WPI)<\/b>, our long-standing Principal Investments activity, which generates capital gains. Through WPI, Wendel commits its own capital to invest in and support leading companies in their sectors with strong sustainable growth potential.<\/li>\n<\/ul>\n<p>Through our two businesses, we currently manage more than \u20ac50bn on our own behalf and on behalf of our clients.<\/p>\n<p>&nbsp;<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n\n<div\n    data-observer=\"item\"\n    data-animation-type=\"fade\"\n    class=\"module module-jobs\n        with-margin-top-\n        no-padding-\n        add-bottom-padding-\"\n>\n                <div class=\"tw:container tw:grid-cols-6 tw:lg:grid-cols-12 tw:gap-5 tw:grid\">\n                    <div class=\"tw:col-span-6 tw:rounded-2xl tw:bg-gradient-to-b tw:from-[#F4F3EF] tw:to-[#EBEAE7] tw:p-4 tw:pt-5 tw:lg:pt-10\">\n    <div class=\"tw:max-lg:flex-col tw:flex tw:justify-between tw:lg:px-6.5\">\n        <div>\n            <img decoding=\"async\"\n                    src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/wimx2.png\"\n                    alt=\"\"\n                    width=\"199\"\n                    loading=\"lazy\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:flex tw:flex-col tw:lg:items-end tw:max-lg:border-t tw:border-brown\/20 tw:max-lg:mt-4 tw:max-lg:pt-4\">\n            <div class=\"tw:flex tw:items-end tw:gap-x-1 tw:text-dark-grey\">\n                <span class=\"tw:text-[2.25rem] tw:lg:text-[2.875rem] tw:tracking-[-0.075rem]\">\n                    \u20ac49.5\n                <\/span>\n                <span class=\"tw:inline tw:text-[1.25rem]\/5.5 tw:lg:text-[1.75rem]\/5\">\n                    bn\n                <\/span>\n            <\/div>\n            <div class=\"tw:mt-3 tw:max-w-50 tw:lg:text-right tw:leading-tight tw:max-lg:text-body-md\">\n                <p>\n                    Private asset management \n                <\/p>\n            <\/div>\n            <div class=\"tw:block tw:lg:hidden tw:absolute tw:right-0 tw:bottom-0\">\n                \n    <button class=\"tw:group\/button tw:shrink-0 tw:size-10.5 tw:lg:size-16 tw:rounded-full tw:flex tw:items-center tw:justify-center tw:relative tw:overflow-hidden tw:ease-out tw:duration-300 tw:hover:bg-brown-hover tw:group-hover\/link:bg-brown-hover tw:bg-brown tw:text-white\">\n            <svg\n        xmlns=\"http:\/\/www.w3.org\/2000\/svg\"\n        viewBox=\"0 0 16 16\"\n        fill=\"none\"\n        class=\"tw:rotate-90 tw:group-hover\/button:translate-x-1 tw:group-hover\/link:translate-x-1 tw:duration-300 tw:ease-out tw:size-3 tw:lg:size-4\"\n    >\n        <path\n            stroke=\"currentColor\"\n            stroke-width=\"1.5\"\n            d=\"M.53 8.132 7.602 1.06l7.07 7.07\"\n        \/>\n        <path fill=\"currentColor\" d=\"M6.852 15.131v-13h1.5v13z\" \/>\n    <\/svg>\n\n    <\/button>\n            <\/div>\n        <\/div>\n    <\/div>\n    <div class=\"tw:hidden tw:mt-12.5 tw:lg:grid tw:grid-cols-2 tw:items-stretch tw:gap-4\">\n                                \n        \n<div class=\"tw:rounded-xl tw:relative tw:overflow-hidden tw:p-7.5 tw:w-full tw:text-white tw:group tw:bg-dark-blue tw:min-h-114 tw:grow tw:shrink-0\">\n    <div>\n        <div class=\"tw:text-[3.5rem] tw:tracking-[-0.125rem]\">\n            53%  \n        <\/div>\n        <div class=\"tw:mt-4 tw:leading-[120%]\">\n            US MidCap Private Debt \n        <\/div>\n    <\/div>\n            <div\n            class=\"tw:absolute tw:top-0 tw:left-0 tw:h-full tw:w-full tw:p-4 tw:bg-dark-blue tw:pointer-events-none tw:opacity-0 tw:duration-400 tw:ease-out tw:group-hover:pointer-events-auto tw:group-hover:opacity-100\"\n        >\n            <div class=\"tw:flex tw:flex-wrap tw:gap-6\">\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/monroe-capital\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-1-color.png\"\n                alt=\"\"\n                width=\"32.5\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-1-white.png\"\n                alt=\"\"\n                width=\"38.5\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Monroe Capital\n        <\/div>\n    <\/a>\n                            <\/div>\n        <\/div>\n    <\/div>\n        <div class=\"tw:flex tw:h-full tw:w-full tw:flex-col tw:gap-4\">\n            \n<div class=\"tw:rounded-xl tw:relative tw:overflow-hidden tw:p-7.5 tw:w-full tw:text-white tw:group tw:bg-[#526E84] tw:h-76.5\">\n    <div>\n        <div class=\"tw:text-[3.5rem] tw:tracking-[-0.125rem]\">\n            31%  \n        <\/div>\n        <div class=\"tw:mt-4 tw:leading-[120%]\">\n            EU MidCap Private Equity \n        <\/div>\n    <\/div>\n            <div\n            class=\"tw:absolute tw:top-0 tw:left-0 tw:h-full tw:w-full tw:p-4 tw:bg-[#526E84] tw:pointer-events-none tw:opacity-0 tw:duration-400 tw:ease-out tw:group-hover:pointer-events-auto tw:group-hover:opacity-100\"\n        >\n            <div class=\"tw:flex tw:flex-wrap tw:gap-6\">\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/ik-partners\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-ik-partners.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-ik-partners.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            IK Partners\n        <\/div>\n    <\/a>\n                            <\/div>\n        <\/div>\n    <\/div>\n            \n<div class=\"tw:rounded-xl tw:relative tw:overflow-hidden tw:p-7.5 tw:w-full tw:text-white tw:group tw:bg-[#A4BAC7] tw:shrink tw:grow tw:h-auto\">\n    <div>\n        <div class=\"tw:text-[3.5rem] tw:tracking-[-0.125rem]\">\n            16%\n        <\/div>\n        <div class=\"tw:mt-4 tw:leading-[120%]\">\n            MidCap Secondary \n        <\/div>\n    <\/div>\n            <div\n            class=\"tw:absolute tw:top-0 tw:left-0 tw:h-full tw:w-full tw:p-4 tw:bg-[#A4BAC7] tw:pointer-events-none tw:opacity-0 tw:duration-400 tw:ease-out tw:group-hover:pointer-events-auto tw:group-hover:opacity-100\"\n        >\n            <div class=\"tw:flex tw:flex-wrap tw:gap-6\">\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/committed-advisors\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-ca.png\"\n                alt=\"\"\n                width=\"256\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-ca-white.png\"\n                alt=\"\"\n                width=\"256\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Committed Advisors\n        <\/div>\n    <\/a>\n                            <\/div>\n        <\/div>\n    <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n                    <div class=\"tw:col-span-6 tw:rounded-2xl tw:bg-gradient-to-b tw:from-[#F4F3EF] tw:to-[#EBEAE7] tw:p-4 tw:pt-5 tw:lg:pt-10\">\n    <div class=\"tw:max-lg:flex-col tw:flex tw:justify-between tw:lg:px-6.5\">\n        <div>\n            <img decoding=\"async\"\n                    src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/wpi2x.png\"\n                    alt=\"\"\n                    width=\"199\"\n                    loading=\"lazy\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:flex tw:flex-col tw:lg:items-end tw:max-lg:border-t tw:border-brown\/20 tw:max-lg:mt-4 tw:max-lg:pt-4\">\n            <div class=\"tw:flex tw:items-end tw:gap-x-1 tw:text-dark-grey\">\n                <span class=\"tw:text-[2.25rem] tw:lg:text-[2.875rem] tw:tracking-[-0.075rem]\">\n                    \u20ac5.5\n                <\/span>\n                <span class=\"tw:inline tw:text-[1.25rem]\/5.5 tw:lg:text-[1.75rem]\/5\">\n                    bn\n                <\/span>\n            <\/div>\n            <div class=\"tw:mt-3 tw:max-w-50 tw:lg:text-right tw:leading-tight tw:max-lg:text-body-md\">\n                <p>\n                    Principal investments \n                <\/p>\n            <\/div>\n            <div class=\"tw:block tw:lg:hidden tw:absolute tw:right-0 tw:bottom-0\">\n                \n    <button class=\"tw:group\/button tw:shrink-0 tw:size-10.5 tw:lg:size-16 tw:rounded-full tw:flex tw:items-center tw:justify-center tw:relative tw:overflow-hidden tw:ease-out tw:duration-300 tw:hover:bg-brown-hover tw:group-hover\/link:bg-brown-hover tw:bg-brown tw:text-white\">\n            <svg\n        xmlns=\"http:\/\/www.w3.org\/2000\/svg\"\n        viewBox=\"0 0 16 16\"\n        fill=\"none\"\n        class=\"tw:rotate-90 tw:group-hover\/button:translate-x-1 tw:group-hover\/link:translate-x-1 tw:duration-300 tw:ease-out tw:size-3 tw:lg:size-4\"\n    >\n        <path\n            stroke=\"currentColor\"\n            stroke-width=\"1.5\"\n            d=\"M.53 8.132 7.602 1.06l7.07 7.07\"\n        \/>\n        <path fill=\"currentColor\" d=\"M6.852 15.131v-13h1.5v13z\" \/>\n    <\/svg>\n\n    <\/button>\n            <\/div>\n        <\/div>\n    <\/div>\n    <div class=\"tw:hidden tw:mt-12.5 tw:lg:grid tw:grid-cols-2 tw:items-stretch tw:gap-4\">\n                                \n        \n<div class=\"tw:rounded-xl tw:relative tw:overflow-hidden tw:p-7.5 tw:w-full tw:text-white tw:group tw:bg-gradient-to-b tw:from-[#9E835A] tw:to-[#D7B580] tw:min-h-114 tw:grow tw:shrink-0\">\n    <div>\n        <div class=\"tw:text-[3.5rem] tw:tracking-[-0.125rem]\">\n            40%  \n        <\/div>\n        <div class=\"tw:mt-4 tw:leading-[120%]\">\n            Education, Professional training and Technology \n        <\/div>\n    <\/div>\n            <div\n            class=\"tw:absolute tw:top-0 tw:left-0 tw:h-full tw:w-full tw:p-4 tw:bg-gradient-to-b tw:from-[#9E835A] tw:to-[#D7B580] tw:pointer-events-none tw:opacity-0 tw:duration-400 tw:ease-out tw:group-hover:pointer-events-auto tw:group-hover:opacity-100\"\n        >\n            <div class=\"tw:flex tw:flex-wrap tw:gap-6\">\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/acams\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-acams.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-acams.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            ACAMS\n        <\/div>\n    <\/a>\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/crisis-prevention-institute\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-cpi.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-cpi.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Crisis Prevention Institute\n        <\/div>\n    <\/a>\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/globeducate\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-globeducate.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-globeducate.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Globeducate\n        <\/div>\n    <\/a>\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/ihs\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-ihs.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-ihs.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            IHS Towers\n        <\/div>\n    <\/a>\n                            <\/div>\n        <\/div>\n    <\/div>\n        <div class=\"tw:flex tw:h-full tw:w-full tw:flex-col tw:gap-4\">\n            \n<div class=\"tw:rounded-xl tw:relative tw:overflow-hidden tw:p-7.5 tw:w-full tw:text-white tw:group tw:bg-[#89714D] tw:h-76.5\">\n    <div>\n        <div class=\"tw:text-[3.5rem] tw:tracking-[-0.125rem]\">\n            34% \n        <\/div>\n        <div class=\"tw:mt-4 tw:leading-[120%]\">\n            Business services \n        <\/div>\n    <\/div>\n            <div\n            class=\"tw:absolute tw:top-0 tw:left-0 tw:h-full tw:w-full tw:p-4 tw:bg-[#89714D] tw:pointer-events-none tw:opacity-0 tw:duration-400 tw:ease-out tw:group-hover:pointer-events-auto tw:group-hover:opacity-100\"\n        >\n            <div class=\"tw:flex tw:flex-wrap tw:gap-6\">\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/bureau-veritas\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-bv.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-bv.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Bureau Veritas\n        <\/div>\n    <\/a>\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/scalian\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-scalian.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-scalian.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Scalian\n        <\/div>\n    <\/a>\n                            <\/div>\n        <\/div>\n    <\/div>\n            \n<div class=\"tw:rounded-xl tw:relative tw:overflow-hidden tw:p-7.5 tw:w-full tw:text-white tw:group tw:bg-[#C7AA7B] tw:shrink tw:grow tw:h-auto\">\n    <div>\n        <div class=\"tw:text-[3.5rem] tw:tracking-[-0.125rem]\">\n            26% \n        <\/div>\n        <div class=\"tw:mt-4 tw:leading-[120%]\">\n            Industrials\n        <\/div>\n    <\/div>\n            <div\n            class=\"tw:absolute tw:top-0 tw:left-0 tw:h-full tw:w-full tw:p-4 tw:bg-[#C7AA7B] tw:pointer-events-none tw:opacity-0 tw:duration-400 tw:ease-out tw:group-hover:pointer-events-auto tw:group-hover:opacity-100\"\n        >\n            <div class=\"tw:flex tw:flex-wrap tw:gap-6\">\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/stahl\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-stahl.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-stahl.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Stahl\n        <\/div>\n    <\/a>\n                                    \n    <a\n        href=\"https:\/\/www.wendelgroup.com\/en\/activities\/tarkett\/\"\n        class=\"tw:text-center tw:block tw:w-16 tw:text-body tw:text-white tw:group\/society\"\n    >\n        <div\n            class=\"tw:flex tw:size-16 tw:items-center tw:justify-center tw:rounded-full tw:bg-white tw:group-hover\/society:bg-dark-blue tw:duration-100 tw:ease-out\"\n        >\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-blue-070525-wend-logo-tarkett.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:group-hover\/society:hidden\"\n            \/>\n            <img decoding=\"async\"\n                src=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/logo-societes-white-070525-wend-logo-tarkett.png\"\n                alt=\"\"\n                width=\"591\"\n                loading=\"lazy\"\n                class=\"tw:hidden tw:group-hover\/society:block\"\n            \/>\n        <\/div>\n        <div class=\"tw:mt-2 tw:text-body-md tw:leading-[120%] tw:font-medium\">\n            Tarkett\n        <\/div>\n    <\/a>\n                            <\/div>\n        <\/div>\n    <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n            <\/div>\n            <div class=\"tw:container tw:grid-cols-12 tw:gap-x-5 tw:grid tw:mt-6\">\n            <div class=\"tw:col-span-12 tw:text-body-sm\"><p>March 31, 2026 total AuM, including Dry Powder and Undeployed capital eligible to fees. Portfolio values as of March 31, 2026, including \u20ac200m investments made by Iron Wave. This amount includes Wendel\u2019s principal investments advised by IK Partners.<\/p><\/div>\n        <\/div>\n    <\/div>\n\n\n<div data-observer=\"item\" data-animation-type=\"fade\" class=\"module module-title with-margin-top- no-padding- add-bottom-padding-\">\n        <div class=\"module-content\">\n        <div class=\"grid\">\n            <div class=\"row r-1\">\n                <div class=\"column-9 title\">\n                    <h2>Our value creation strategy<\/h2>\n                <\/div>\n                            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n<div\n    data-observer=\"item\"\n    data-animation-type=\"fade\"\n    class=\"module module-text with-margin-top- no-padding- add-bottom-padding-1 is-center-1\"\n>\n    <div class=\"module-content\">\n        <div class=\"grid\">\n            <div class=\"row r-1\">\n                <div class=\"column-8\">\n                    <div class=\"text-content\">\n                        <p>Wendel has created a unique private asset investment ecosystem in North America and Europe, powered by two complementary value creation engines: the strong recurring cash flow generated by its private asset management platform and the potential of capital gains arising from its principal investment activities. This ecosystem is supported by an optimized operating model, a streamlined team, and a robust financial structure.<\/p>\n<h4><strong>WIM\u00a0: A unique diversified Asset Management Platform, focused on the private midmarket<\/strong><\/h4>\n<p>A unique diversified Asset Management Platform, focused on the private midmarket in the US &amp; Europe, with an ambition to achieve average annual growth of 15% in FREs by the end of 2030 through:<\/p>\n<ul>\n<li>Critical size: &gt;\u20ac46bn in Assets under Management and &gt;\u20ac200m FRE<sup>(1) <\/sup>in 2026;<\/li>\n<li>Top quartile and complementary GPs in terms of asset class, client type and vintages in the areas of private debt, private equity, and private market solutions;<\/li>\n<li>Additional organic growth potential to be released by a strong pipeline in terms of new strategies enhanced by sponsoring and shared distribution initiatives;<\/li>\n<li>Generating growing and predictable cash flows through FRE;<\/li>\n<li>Additional cash flows with PRE in the years to come (20% of future carried).<\/li>\n<\/ul>\n<p><span style=\"font-size: 8pt;\">(1) Full consolidation, on a full-year basis. 2026 FRE, Wendel share: c.\u20ac130m<\/span><\/p>\n<h4><strong>WPI: a new operating model to enhance the performance of our portfolio companies<\/strong><\/h4>\n<p>With WPI, Wendel&#8217;s objective is to achieve an average annual increase in the intrinsic value of Wendel\u2019s Principal Investments of 12% to 16%, based on:<\/p>\n<ul>\n<li>\u20ac5.3billion in net asset value in September 2025;<\/li>\n<li>a simpler and more efficient model for private investments benefiting from IK Partners\u2019 ecosystem and talent pool, to whom Wendel has granted an advisory mandate;<\/li>\n<li>a high-quality investment portfolio that is regularly valued using listed peers\u2019 multiples;<\/li>\n<li>a dynamic management of the listed and unlisted portfolio, which will continue actively until the end of 2030;<\/li>\n<li>the gradual implementation of a direct investment program through the advisory mandate granted to IK Partners, with an objective of approximately \u20ac300m per year and per investment, potentially alongside co-investors investing similar amounts.<\/li>\n<\/ul>\n<h4>Wendel Growth: model simplification and launch of Iron Wave for direct investments<\/h4>\n<p>Wendel is evolving its venture capital investment structure, which until now has been operated under the Wendel Growth brand. This business becomes Iron Wave, a new GP controlled and managed by Antoine Izsak and Victoire Laurenty who hold 70% of the share capital and will leverage its three-year track record. Having played an incubator role in the development of this business, Wendel will retain a minority stake in Iron Wave of 30%. Iron Wave advises Wendel on existing direct growth investments made by Wendel Growth: <a href=\"https:\/\/www.tadaweb.com\/\" target=\"_blank\" rel=\"noopener\">tadaweb<\/a>, <a href=\"https:\/\/www.brigad.co\/\" target=\"_blank\" rel=\"noopener\">Brigad<\/a>, <a href=\"https:\/\/aqemia.com\/\" target=\"_blank\" rel=\"noopener\">Aqemia<\/a> and <a href=\"https:\/\/www.yeswehack.com\/fr\" target=\"_blank\" rel=\"noopener\">YesWeHack<\/a>.<\/p>\n<p><a href=\"https:\/\/www.wendelgroup.com\/wp-content\/uploads\/2025\/12\/pr-wendel-id-2025-en.pdf\" target=\"_blank\" rel=\"noopener\"><strong>Learn more about our investment strategy<\/strong><\/a><\/p>\n<p>&nbsp;<\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":0,"parent":8721,"menu_order":23,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"class_list":["post-30892","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages\/30892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/comments?post=30892"}],"version-history":[{"count":1,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages\/30892\/revisions"}],"predecessor-version":[{"id":36998,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages\/30892\/revisions\/36998"}],"up":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/pages\/8721"}],"wp:attachment":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/media?parent=30892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}