Our funds

IPSA has an excellent track-record in fundraising and managing FCPI Funds (Fonds Commun de Placement dans l’Innovation), which are tax efficient French closed-end investment schemes designed to provide venture capital finance for  young innovative companies and immediate tax-relief plus tax-free capital gains for retail investors. Conditions for tax relief include keeping shares in the Funds for at least 5 years. Duration for the Funds typically ranges from 8 to 10 years. Under specific circumstances (death, disability, loss of employment), redemption can occur.

There are 2 types of FCPI Funds: FCPI – IR Funds provide income tax-relief to retail investors, while FCPI – ISF Funds provide relief on both a specific wealth tax (“ISF”) as well as on income tax (on the amount not used to obtain wealth tax relief).


 

IPSA manages 11 Funds (of which 2 Funds dedicated to reduce Income and Wealth taxes: Innoven Capital and Innoven Capital 2 .

4 Funds are definitely closed since 2017 :

  • FCPI Innoven 2001 n°5
  • FCPI Innoven 2002 n°6
  • FCPI Innoven 2003 n°7
  • FCPI Innoven Europe

IRPP La Banque Postale

  Fund Latest book
value
Date of the
latest book
value
Performance
since origin
 FCPI Poste Innovation2001119.4331/12/2017+23.69%
 FCPI Poste Innovation 22002144.25€31/12/2017-22.14%
 FCPI Poste Innovation 32002131,02€31/12/2017-23,78%
 FCPI Poste Innovation 52003113,19€31/12/2017-27,36%
 FCPI Poste Innovation 6200423,32€31/12/2017-65,34%
 FCPI Poste Innovation 920050€31/03/2018-71,79%
 FCPI La Banque Postale Innovation 120060€31/03/2018-56,66%
 

IRRP INNOVEN

  Fund Latest book
value
Date of the
latest book
value
Performance
since origin
 FCPI Innoven Europe 220070 €30/06/2018-29,80%
 FCPI Innoven Europe 320080 €30/06/2018-45.09%
 

ISF INNOVEN

  Fund Latest book
value
Date of the
latest book
value
Performance
since origin
 Innoven Capital20080 €30/06/2018-49.36%
 Innoven Capital 220090 €30/06/2018-66,36 %
 
Past performance does not prejudge future performance.