What investment strategy does RIVE Private Investment focus on?

RIVE Private Investment focuses on Growth strategies in the private equity space.

How many portfolio companies does RIVE Private Investment have?

RIVE Private Investment has 10 active portfolio companies and 9 completed exits and 3 funds tracked on GP Intel.

Where is RIVE Private Investment headquartered?

RIVE Private Investment is headquartered in Paris, France.

What is RIVE Private Investment's assets under management?

RIVE Private Investment manages approximately €1.2B in assets under management.

When was RIVE Private Investment founded?

RIVE Private Investment was founded in 2013.

What sectors does RIVE Private Investment invest in?

RIVE Private Investment invests across Energy, Industrials.

What are RIVE Private Investment's recent exits?

Recent realized exits by RIVE Private Investment include: EMS Aircraft Portfolio (14 aircraft, Avincis) (2025) to Monte Global Asset Management; Mercure Hotels Germany Portfolio (3 hotels) (2024) to somnOO; Goya Wind Project (2024) to ENGIE; Spain Wind Portfolio (2 farms, Southern Spain) (2023) to Helia Renovables III (Plenium Partners); France Wind Portfolio (6 farms, Somme) (2022) to BKW; Croix Benjamin (2020) to Akuo Energy; Energie du Gâtinais (2020) to Akuo Energy; Carbonex (2018) to Debiopharm Investment, BNP Paribas Developpement, Bpifrance and Tikehau Capital.

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RIVE Private Investment

Paris, France·Founded 2013·

Growth Equity

·rive-investment.com

Paris, Geneva and Luxembourg-based infrastructure-impact and transportation-assets private-equity manager founded in 2013 by Yann Thomas and Etienne Mouthon; Article 9 SFDR-classified with EUR 1bn+ AUM and EUR 2.4bn+ cumulatively deployed across 100+ investments via two thematic funds: RIIF for energy-transition infrastructure (solar, wind, biorefining) and RTAIF for transportation-assets leasing (locomotives, electric ferries, EV charging, BESS).

AUM

€1.2B

Funds

vintages 2014–2024

Portfolio

Exits

RIVE Private Investment is a Paris growth equity firm with €1.2B AUM, 10 active companies and 9 exits.

SectorsEnergy Industrials

Key takeaways

·5 exits in the last 5 years · consistent DPI cadence.
·Average hold across 4 realized deals: 4 years.
·Top sector focus: Energy (53% of portfolio).
·Fund cadence: ~5Y between vintages · last raise 2024.

Sector breakdown

19 companies

Energy

10 · 53%

Mobility

2 · 11%

Aerospace & Defence

2 · 11%

Industrials

2 · 11%

Hospitality

1 · 5%

ClimateTech

1 · 5%

Business Services

1 · 5%

Geography breakdown

5 geographies

France

9 · 47%

Germany

4 · 21%

Spain

3 · 16%

2 · 11%

Norway

1 · 5%

Key facts

HQParis, France

Founded2013

Websiterive-investment.com

Recent exits

RIVE Private Investment sold EMS Aircraft Portfolio (14 aircraft, Avincis) to Monte Global Asset Management in 2025 after 7 years.

RIVE Private Investment sold Mercure Hotels Germany Portfolio (3 hotels) to somnOO in 2024.

RIVE Private Investment sold Goya Wind Project to ENGIE in 2024.

RIVE Private Investment sold Spain Wind Portfolio (2 farms, Southern Spain) to Helia Renovables III (Plenium Partners) in 2023.

Coverage notes

3 funds tracked, 19 portfolio companies (10 active · 9 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund RIVE Private Investment has raised, with its portfolio companies. Hand-checked from public filings.

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

RIVE Infrastructure Impact Fund (RIIF)

Growth2024€300M5 assets

Growth

2024 · 2yr

€300M

–

Unrealized

5 held

Company	Entry
Calycé Sun Energy · France	2025
Electra Mobility · France	2022
LANGA International Energy · France	2024
REBI (Recursos de la Biomasa) Energy · Spain	2026
Windward Offshore Energy · Germany	2024

RIVE Transportation Assets Impact Fund (RTAIF)

Growth2021€250M5 assets2 exits

Growth

2021 · 5yr

€250M

Unrealized

5 held

Company	Entry
Hyke Mobility · Norway	2024
Logix.Aero Aerospace & Defence · France	2023
Milestone Aviation Helicopter Portfolio Industrials · UK	2025
Northrail Industrials · Germany	2024
terralayr ClimateTech · Germany	2024

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
EMS Aircraft Portfolio (14 aircraft, Avincis) Aerospace & Defence · UK	2018	2025	Trade Sale	Monte Global Asset Management	–
Mercure Hotels Germany Portfolio (3 hotels) Hospitality · Germany	–	2024	Trade Sale	somnOO	–

RIVE Energy Transition InvestmentsHarvesting

Growth2014€150M0 assets7 exits

Growth

2014 · 12yr

€150M

Realized

7 exits

Company	Entry	Exit	Type	Buyer	MOIC
5aSec Business Services · France	–	2017	Secondary	Bridgepoint Development Capital	–
Carbonex Energy · France	2016	2018	Secondary	Debiopharm Investment, BNP Paribas Developpement, Bpifrance and Tikehau Capital	–
Croix Benjamin Energy · France	2016	2020	Trade Sale	Akuo Energy	–
Energie du Gâtinais Energy · France	2016	2020	Trade Sale	Akuo Energy	–
France Wind Portfolio (6 farms, Somme) Energy · France	–	2022	Trade Sale	BKW	–
Goya Wind Project Energy · Spain	–	2024	Trade Sale	ENGIE	–
Spain Wind Portfolio (2 farms, Southern Spain) Energy · Spain	–	2023	Secondary	Helia Renovables III (Plenium Partners)	–

About RIVE Private Investment

RIVE Private Investment is a Paris, Geneva and Luxembourg-based infrastructure and impact private equity manager with over €1 billion of assets under management as of December 2024, founded in 2013 by Yann Thomas and Etienne Mouthon. The firm is Article 9 SFDR-classified, distinguishing the platform as one of the strictest sustainability-aligned infrastructure investors in Europe under the EU Sustainable Finance Disclosure Regulation framework.

Investment thesis

RIVE targets European infrastructure assets with explicit impact and sustainability themes, focusing on transportation, energy transition, social infrastructure and selectively digital infrastructure assets generating contracted or regulated cash flows over fifteen to thirty-year horizons. The Article 9 classification requires demonstrable environmental and social impact metrics across portfolio assets, distinguishing RIVE from generalist infrastructure peers. Equity ticket sizes typically range from €30 million to €150 million per transaction.

Recent activity

Recent realised exits include Carbonex (industrials, 2022), reflecting selective distribution activity across the impact infrastructure portfolio. The platform tracks 3 funds and 7 active portfolio assets, with the long-duration infrastructure mandate supporting patient capital deployment aligned with multi-decade asset cycles.

Frequently asked questions

What investment strategy does RIVE Private Investment focus on?: RIVE Private Investment focuses on Growth strategies in the private equity space.
How many portfolio companies does RIVE Private Investment have?: RIVE Private Investment has 10 active portfolio companies and 9 completed exits and 3 funds tracked on GP Intel.
Where is RIVE Private Investment headquartered?: RIVE Private Investment is headquartered in Paris, France.
What is RIVE Private Investment's assets under management?: RIVE Private Investment manages approximately €1.2B in assets under management.
When was RIVE Private Investment founded?: RIVE Private Investment was founded in 2013.
What sectors does RIVE Private Investment invest in?: RIVE Private Investment invests across Energy, Industrials.
What are RIVE Private Investment's recent exits?: Recent realized exits by RIVE Private Investment include: EMS Aircraft Portfolio (14 aircraft, Avincis) (2025) to Monte Global Asset Management; Mercure Hotels Germany Portfolio (3 hotels) (2024) to somnOO; Goya Wind Project (2024) to ENGIE; Spain Wind Portfolio (2 farms, Southern Spain) (2023) to Helia Renovables III (Plenium Partners); France Wind Portfolio (6 farms, Somme) (2022) to BKW; Croix Benjamin (2020) to Akuo Energy; Energie du Gâtinais (2020) to Akuo Energy; Carbonex (2018) to Debiopharm Investment, BNP Paribas Developpement, Bpifrance and Tikehau Capital.