Homa Capital
HOMA Capital is an independent French AMF-licensed asset management boutique (Paris) managing five ESG-integrated funds, including France's first green bond fund (2019) and first social-rating improvement fund (2021), serving institutional and professional investors in France through Article 8/9 SFDR strategies.
- Company typePrivate
- Founded2011
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Homa Capital does
HOMA Capital is an independent French asset management boutique (société de gestion) headquartered at 1 Boulevard Pasteur, Paris 15th, operating under AMF license GP-11000002 (granted January 2011) and AIFM authorization (2014). Founded as YCAP Asset Management in 2010-2011, the firm rebranded to HOMA Capital in February 2020 and signed the UN PRI in April 2021. It serves institutional and professional investors in France through four flagship funds plus a discretionary European equity offering (EUROPEAM): Green & Impact Bond France (Article 9 SFDR green bond fund launched April 2019, approximately €90M AuM at end-December 2025), HOMA Impact Social France (Article 9 SFDR French small/mid-cap equity fund launched September 2021, Label Relance until October 2025), Vindobona Metternich (Article 9 SFDR Eurozone corporate bond fund), and YCAP Tactical Investment (Article 8 SFDR Luxembourg-domiciled UCITS V multi-asset fund with three-year recommended horizon and daily liquidity). 60% of total firm AuM is classified Article 9 under SFDR as of 31 December 2025.
The firm positions itself as the pioneer of impact bond investing in France and as the first manager of a fund explicitly targeting improvement of the Social rating of portfolio companies (the 'S' pillar of ESG), with a proprietary social impact framework anchored by an independent ESG Strategic Committee comprising three recognized domain experts: Jean-Claude Mailly (former Force Ouvrière Secretary General, 2004-2018), Dr. Jean-Martin Cohen-Solal (former head of Santé Publique France and Mutualité Française), and Karine Melloul (former L'Oréal executive and business angel). The asset management process combines quantitative ESG scoring (Ethifinance, tracking portfolio Social scores from 53.76 to 64.19 between 2023-2025) with double-filter issuer selection, prioritizing investment-grade rated issuers and validating project impact through committee review. Multi-asset allocation operates across 500+ markets via proprietary tools.
Revenue is generated through recurring management fees on AuM, with fee levels ranging from 0.40% (Green & Impact Bond France institutional) to 1.80% (YCAP Tactical Investment Part B), and potential performance fees on select strategies. Distribution is direct to French institutional and professional investors (Caroline Bendavid heads Investor Relations and ESG) and through authorized intermediaries for retail share classes. Geographic activity is restricted to France. HOMA Capital is 100% independently shareholder-owned with Groupe Pasteur Mutualité as a strategic shareholder since 2024 and operates a team of approximately 15 staff including portfolio managers, analysts, middle/risk officers, compliance, ESG analysts, and investor relations.
Homa Capital firmographics
Firmographics- Name
- Homa Capital
- Legal name
- HOMA Capital
- Website
- https://homacapital.fr
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- HOMA Capital is an independent French AMF-licensed asset management boutique (Paris) managing five ESG-integrated funds, including France's first green bond fund (2019) and first social-rating improvement fund (2021), serving institutional and professional investors in France through Article 8/9 SFDR strategies.
- Ownership category
- akta.pro rank
Homa Capital industry classification
Industry- Product category
- Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259), Other Financial Vehicles (52599)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- ESG/SRI/Impact Mutual Funds (FSAAAEAI)
- akta.pro secondary industries
- ESG Integration / Responsible Investment Funds (Broad ESG) (FSANAJAL), Sustainable/ESG Equity (Active) (FSAAAIAM), Multi-Asset ESG / Sustainable Allocation Strategies (FSAAAJAK), Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where Homa Capital is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
Homa Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Others
Revenue model
- Asset Management Fees: HOMA Capital generates revenue through management fees charged on assets under management across its fund range. Fee structures vary by fund: Green & Impact Bond France at 0.40% maximum, HOMA Impact Social France at 0.90% maximum, Vindobona Metternich at 0.45% maximum, and YCAP Tactical Investment at 0.5% to 1.80% depending on share class. These are recurring fees calculated on AuM.
- Performance Fees: Some funds may generate performance fees based on returns exceeding benchmark indices. However, Green & Impact Bond France specifically states 'Néant' (none) for performance fees.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Green & Impact Bond France - Part B (Institutional) |
| Subscription | Annual | Green & Impact Bond France - Part A (Retail) |
| Subscription | Annual | HOMA Impact Social France - Part SI EUR |
| Subscription | Annual | Vindobona Metternich - Part I EUR |
| Subscription | Annual | Vindobona Metternich - Part A EUR |
| Subscription | Annual | YCAP Tactical Investment - Part A EUR |
| Subscription | Annual | YCAP Tactical Investment - Part B EUR |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Homa Capital product offering
Product offeringCore offering
Homa Capital is an independent, AMF-licensed French asset management boutique managing five specialized investment funds (Green & Impact Bond France, HOMA Impact Social France, Vindobona Metternich, YCAP Tactical Investment, and EUROPEAM) that integrate ESG criteria with a particular focus on the social (S) pillar. The firm provides discretionary portfolio management and fund management services to French institutional investors, professional investors, and qualified retail investors via dedicated share classes. Revenue is generated through recurring management fees on assets under management, with a strategic emphasis on Article 9 (SFDR) classified impact products.
Product overview
Homa Capital is an independent French asset management boutique offering a portfolio of specialized investment funds. The product lineup comprises four main funds: Green & Impact Bond France (Article 9 SFDR green bond fund focused on French environmental/social projects), HOMA Impact Social France (Article 9 SFDR fund targeting social rating improvement in French small-caps), Vindobona Metternich (Eurozone bond fund), and YCAP Tactical Investment (multi-asset UCITS with daily liquidity). A fifth fund, EUROPEAM, provides European equity exposure. All funds integrate ESG criteria with a particular focus on the social (S) component of ESG, supported by an ESG Strategic Committee.
Differentiator
Problem solved
Functional benefit
Brands
- Green & Impact Bond France: Article 9 SFDR bond fund financing environmental and social impact projects in France, launched in 2019.
- HOMA Impact Social France
- Vindobona Metternich
- YCAP Tactical Investment
Products and services
- Green & Impact Bond France A French bond fund (FCP) investing in green bonds that finance projects with favorable environmental and social impact in France. Article 9 SFDR fund. Minimum 75% of assets in GBP-compliant green bonds, up to 25% in sustainability-linked bonds, social bonds, and sustainability bonds. For French institutional, professional, and qualified retail investors.
- HOMA Impact Social France A French FPS fund investing in approximately 20 French small-cap companies (up to €2.5 billion market cap at investment) with the objective of improving the social factor of portfolio companies through long-term engagement and a Social Impact Committee. Article 9 SFDR fund with Relance label.
- Vindobona Metternich A French bond fund seeking to outperform the Bloomberg Barclays Euro Aggregate Corporate Index through diversified bond investments (sovereign debt, investment grade, highly speculative) from the Eurozone. Article 9 SFDR fund with sensitivity between 2 and 6.
- YCAP Tactical Investment A Luxembourg-domiciled UCITS V fund seeking regular performance over a 3-year recommended horizon with daily liquidity. Invests across equity, fixed income, and currency markets using a combination of systematic and qualitative elements based on proprietary tools. Article 8 SFDR fund.
- EUROPEAM A discretionary management fund seeking annualized net performance above 5% over a minimum recommended holding period of five years, exposed to European and international equity markets.
Quantifiable outcome
- Portfolio ESG scores improved from 53.76 to 64.19 points between 2023-2025 according to Ethifinance ratings
- +4 more outcomes
Companies that use Homa Capital
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles3 records
Homa Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Homa Capital partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights5 records
Homa Capital competitors and assessment
Company assessmentDirect peers
- Mandarine Gestion: Paris-based independent SRI/ESG boutique serving institutional and retail investors across European equity and credit strategies. Comparable boutique scale and ESG-led investment philosophy with Article 8/9 product offering.
- Sycomore Asset Management: Independent French SRI/ESG asset management boutique headquartered in Paris. Highly comparable as a Human-centric ESG-focused boutique serving institutional and retail clients across French equities and fixed income, and a direct prior employer of Homa Capital PM Edouard Poulle.
- Ecofi Investissements: French SRI-focused asset management firm within Crédit Mutuel Arkéa group, offering Article 9 impact funds across green bonds and responsible equities. Direct overlap with Homa Capital's Article 9 green bond and social impact equity strategies.
- Mirova: Paris-based dedicated sustainable investment affiliate of Natixis Investment Managers, focused on impact investing across listed and private assets. Comparable as a French impact investing specialist with Article 9 fund ranges and strong institutional presence.
- OFI Invest: French asset manager with strong SRI/ESG product range across fixed income, equity, and multi-asset. Comparable as a French-domiciled manager serving institutional and retail with integrated ESG/sustainability frameworks.
- DNCA Finance: Paris-based independent asset manager (now part of Natixis) with SRI/Article 8-9 labelled strategies across European equity and credit. Comparable boutique-style European focus with strong institutional distribution in France.
- Federal Finance Gestion: French SRI asset management firm focused on responsible fixed income and money market strategies, serving institutional and retail clients. Comparable on green/ESG bond fund offerings and Article 9 mandate focus within France.
Broad incumbents
- LBPAM (La Banque Postale Asset Management): French asset manager affiliated with La Banque Postale, offering a broad range of ESG and SRI-labelled funds across fixed income and equity. Comparable on SRI/Article 9 product suite though much larger and part of a banking group distribution platform.
- Amundi: Europe's largest asset manager, headquartered in Paris, with deep Article 8/9 and ESG fund ranges across asset classes. Comparable on Article 9 fixed income and ESG equity offerings but at vastly greater scale and with global distribution.
- BNP Paribas Asset Management: Major French/global asset manager with a deep sustainable and Article 9 product suite, including thematic ESG and impact strategies. Comparable on product set though vastly larger scale and distribution reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Homa Capital social profiles
Digital presenceHoma Capital compliance and trust
Trust signalCompliance5 records
Homa Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Homa Capital leadership team
Management profileNumber of profiles
Profiles16 records
Homa Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
Homa Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Homa Capital M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Homa Capital
What does Homa Capital do?
Homa Capital is an independent, AMF-licensed French asset management boutique managing five specialized investment funds (Green & Impact Bond France, HOMA Impact Social France, Vindobona Metternich, YCAP Tactical Investment, and EUROPEAM) that integrate ESG criteria with a particular focus on the social (S) pillar. The firm provides discretionary portfolio management and fund management services to French institutional investors, professional investors, and qualified retail investors via dedicated share classes. Revenue is generated through recurring management fees on assets under management, with a strategic emphasis on Article 9 (SFDR) classified impact products.
Is Homa Capital a public or private company?
Homa Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Homa Capital founded?
Homa Capital was founded in 2011. It employs 11 to 50 people.
Where is Homa Capital based?
Homa Capital is headquartered in Paris, France, in the Europe region.
How does Homa Capital make money?
Two revenue lines are on record. Asset Management Fees are the primary driver. The others are performance Fees.
Who are Homa Capital's main competitors?
Direct peers on record are Mandarine Gestion, Sycomore Asset Management, Ecofi Investissements, Mirova, OFI Invest, DNCA Finance and Federal Finance Gestion. Broad incumbents are LBPAM (La Banque Postale Asset Management), Amundi and BNP Paribas Asset Management.
Does Homa Capital have an API?
No public API is recorded for Homa Capital.
What industry is Homa Capital in?
Homa Capital's product category is Asset Management. Its primary akta.pro industry code is FSAAAEAI, ESG/SRI/Impact Mutual Funds, with a secondary code of FSANAJAL, ESG Integration / Responsible Investment Funds (Broad ESG). Its NAICS code is 523940 and its SIC code is 6282.