Another way
Amalthée was created by a family of entrepreneurs to invest over the long term and grow its financial resources.
New investors that share our convictions have joined this initiative, attracted by its differentiated approach and the alignment of interests between the partners.
Getting to know us
C. Drost, whose family was from the Netherlands and worked in a meat trading company, moved to Brittany in 1969 to develop the family business. After three decades of hard work, the family group was sold in the early 2000's to secure the company's future in a sector experiencing significant consolidation.
The proceeds of the sale were entrusted to various private banks in Paris. Diverging interests and an evident lack of transparency in relations led to growing dissatisfaction. The family then decided to take initiative by developing an approach focused on the long term and on transparency.
Solid experience in financial management combined with the trust of family members naturally led Olivier, one of the three children, to create a fund in 2010. The fund now combines the bulk of family capital within a simple and understandable investment process: high-quality companies that are held over the long term.
Entrepreneurs facing similar issues have been attracted by this transparent and independent approach. As a result, they have gradually joined the venture on the same terms as the first investors.
Amalthée is now a team of four people, three of whom are dedicated to investing for about 20 clients.
Understanding who we are
Expertise on listed equities
broad and straightforward investment universe
Barriers to entry and exceptional entrepreneurs required
investing in 30 companies selected for the quality of their fundamentals and management
Long-term buy & hold strategy
capitalize on value creation through the power of compound interest
Independent financial analysis
operating on the Brittany coast to escape the short-term logic of markets and the media
Low portfolio turnover
lower transaction costs instead of the widespread trend of applying a speculative strategy
Acceptance of volatility
uncertainty as a source of opportunities, not discomfort
Practical approach
low investment constraints allowing for flexible allocation
Transparent investment vehicle
single fund offering the same performance to all co-investors, without variable fees or preferred shares
Experienced team
avid readers, believers in the concept of delayed gratification
Team
Olivier Drost
Founder of Amalthée in 2010
Amalthée’s founder
17 years of experience
Christophe Blanchut
Analyst – Portfolio Manager
Joined the Amalthée team in 2014
14 years of experience
Marie-Laure Agaesse
Chief Administrative Officer
Joined the Amalthée team in 2016
8 years of experience
Nicolas Mustière
Analyst – Portfolio Manager
Joined the Amalthée team in 2020
19 years of experience
Amalthée Partners
Fund
Net Asset Value on 30 September 2022: 2'030.47 €
Our investment philosophy:
Long-term
Transparent
Independent
Simple
Without conflicts of interest
Entrepreneurial
Passionate
Fund characteristics:
Type: SICAV (Société d’Investissement à Capital Variable, Open-ended collective investment scheme) not eligible for PEA (Plan d’épargne d’entreprise, French equity savings plan)
ISIN Code: FR0010905166
Inception date: 18 June 2010
Valuation: weekly
Minimum subscription amount: €125,000
Entry/exit charges: None
Annual management fee: 1.5% inclusive of tax
Variable management fees: None
Turnover fees: None
Custodian: Caceis Bank
Documents:
Our annual letter to our investors, the latest management report and monthly reports are available on request by email at:
Subscription ban for Russian and Belarusian nationals:
In view of the provisions of EU Regulation No. 833/2014, the subscription of units of the fund managed by Amalthée Gestion is prohibited for any Russian or Belarusian national, any natural person residing in Russia or Belarus or any legal person, entity or body established in Russia or Belarus except for nationals of a Member State and natural persons holding a temporary or permanent residence permit in a Member State.
Regulatory information
Contact 
© 2022 Amalthée Gestion
Regulatory information
Information letter dated 23 June 2022
In accordance with the Regulation, Amalthée Gestion sent the following letter, informing the shareholders of the SICAV about the change of depositary/custodian bank taking place on July 25, 2022.
Engagement and Voting policy
In accordance with Article L533-22 and R533-16 of the French Code monétaire et financier, Amalthée Gestion has established an engagement and voting policy which outlines the conditions under which it intends to exercise the voting rights attached to the financial instruments held in its portfolio.
Report on the implementation of the engagement and voting policy
In accordance with Article 321-133 of the AMF's General Regulation, Amalthée Gestion draws up a report which outlines the application of its engagement and voting policy during the financial year ended.
Conflicts of interest policy
The purpose of this document is to present the framework for preventing and managing conflicts of interest adopted by Amalthée Gestion as part of the investment services offered to its clients.
Best selection/execution policy
As part of our obligation to act in the best interests of the fund we manage, we select intermediaries that have taken all reasonable steps to achieve the best possible results when executing orders on our behalf.
Customer claims procedure
In accordance with regulations, Amalthée Gestion's customer claims procedure is presented below.
ESG procedure
In accordance with regulations, Amalthée Gestion's ESG criteria procedure is presented below.
Compensation policy
In accordance with regulations, Amalthée Gestion's remuneration policy is presented below.
Article 29 of the Energy-Climate Law
In accordance with regulations, Amalthée Gestion draws up a report on implementation of the article 29 of the 2019 Energy-Climate law
Legal Disclaimer
Legal information about the company
Amalthée Gestion is a société par actions simplifiée (SAS) with a share capital of 400 000 euros, having its registered office at 1 rue Ville Pépin 35400 Saint-Malo. Amalthée Gestion is registered with the Saint-Malo Trade and Companies Register under number 521 826 446 and is approved as a portfolio management company by the Autorité des Marchés Financiers under number GP-10000018 since 12/05/2010.
The website amaltheegestion.com is the exclusive property of Amalthée Gestion. The information contained on this website is not contractual. Amalthée Gestion reserves the right to delete, modify or correct the contents of this website at any time, as well as the present terms and conditions of use.
As part of the use of the Amalthée Gestion website, the user undertakes to comply with the following terms and conditions.
Owner of the site
Amalthée Gestion
1 rue Ville Pépin
35400 Saint-Malo
Tel : +33 (0)1 78 09 93 33
E-mail : contact@amaltheegestion.com
Director of Publication: Olivier DROST
Editor: Olivier DROST
Site design:
LIOR Productions
Siret : 891 742 231 00014
Tel : 07 81 64 87 36
E-mail : contact@liorproductions.com
www.liorproductions.com
Hosting:
OVH SAS
RCS Roubaix – Tourcoing 424 761 419 00045
Code APE 6202A
N° TVA : FR 22 424 761 419
Siège social : 2 rue Kellermann – 59100 Roubaix – France
Photographic credit:
©Easyride
www.easyridevideos.com
Protection of personal data
As part of our business relationships, we collect, process and store information about you.
Personal data that you transmit to us in the course of our business are collected and processed by Christophe Blanchut as Data Controller within the meaning of the provisions of the General Data Protection Regulation (GDPR).
Personal data are collected, as the case may be, on different legal bases (your consent, contractual necessity, compliance with a legal obligation and/or the legitimate interest of the Data Controller).
Please keep relatives informed of the methods used to process their personal data.
The data collected concerning you and your relatives will be held for the entire duration of our contractual relationship and then will be archived for a period of five (5) years, in the absence of shorter or longer time limits specifically provided for, as in the event of a legal dispute.
Concerning this data you have a right of access, rectification, and limitation, as well as a right of opposition and portability in accordance with the law. If you wish to exercise these rights, you can contact us by email at: contact@amaltheegestion.com
You also have the right to file a claim with the CNIL (Commission nationale de l’informatique et des libertés, French commission on protection of personal data and freedoms).
Legal provisions/Copyright
This website is owned by Amalthée Gestion
The databases developed are the exclusive property of Amalthée Gestion
The content of this site is protected by the laws in force in the area of intellectual property and copyright law. It is subject to Article L. 122-4 of the French Intellectual Property Code
Any unauthorised reproduction or distribution of information from this website is prohibited. Content is available for private and non-collective use.
Article L. 122-5.2° and 3°a of the French Intellectual Property Code, on the one hand, allows only for copies or reproductions that are strictly reserved for the private use of the person having copied them and not intended for collective use, an on the other hand, only for analyses and short quotations for the purpose of example and illustration. Any representation or reproduction in whole or in part without the consent of the author, the author’s legal successors or entitled parties is unlawful (Article L. 122-4). This representation or reproduction, by any means whatsoever, would therefore constitute counterfeiting punishable by Articles L. 335-2 et seq. of the French Intellectual Property Code.
Copyright on text and images
The user of the Amalthée Gestion website undertakes to comply with the intellectual property rules of the various types of content offered on the site, i.e.:
To not reproduce, summarise, modify, alter or redistribute, without prior authorisation from Amalthée Gestion, any article, title, application, software, logo, brand, information, illustration or photograph for anything other than strictly private use, which precludes any reproduction for professional purposes or for mass distribution.
To not recreate all or part of the site on another site or an internal corporate network.
To not create a hypertext link between another site and this site without prior approval from Amalthée Gestion
Creating hypertext links
Following prior agreement by Amalthée Gestion, hypertext links can be set up for all websites, with the exception of websites that disseminate information of a polemical, pornographic, or xenophobic nature, or that may, to a greater extent, offend the general public. Under no circumstances shall the pages of the Amalthée Gestion website be integrated within the pages of another site (using frames).
Database rights
Databases are protected by the French Act of 1 July 1998 and the French copyright regime.
Links to third party sites
The Amalthée Gestion website links to third party sites. Following these links takes the user outside of the Amalthée Gestion website. Target sites are not under the control of Amalthée Gestion. As a result, Amalthée Gestion is not responsible for the content of these sites, the links they contain, or the changes or updates made to them.
Contact
Adress
1 rue Ville Pépin
35400 Saint-Malo
Phone
+33 (0)1 83 79 88 28