Investment methodology

ONE CREATION follows clearly established investment methodologies for each of the asset classes in which the Cooperative invests. These methodologies guarantee total transparency in the investment selection process for the members and the companies in the portfolio.

Unlisted companies

Our role as an investor 

ONE CREATION positions itself as a minority investor for the companies in its portfolio with the ambition of helping them to continue to develop their business in a sustainable manner. 

We usually ask for a seat on the board of directors and exceptionally take an observer position. 

Our investment commitment is longer than that of other investors because we do not have vintage funds we invest from. As a result, we are able to provide optimal monitoring throughout the life of the company with a longer investment horizon, generating more value for all. 

We will intensively leverage our global network to help our portfolio companies grow and “do good by doing good”. 

Investment organization 

Private equity investment team 

Composed of 4 members of the management (bi-monthly meetings): 

  • Olivier Ferrari        
  • Sabine Giammarresi – Mabillard 
  • Elisa Benito       
  • Fulvio Maccarone      

Management Committee 

ONE CREATION delegates its management functions to CONINCO as defined by art. 25 of its statutes. The Board of Directors of the Cooperative makes the final decision for all proposed investments. 

Investment universe 

We translate our investment themes into specific investment sectors. 

Our investment themes 

  • Waste management 
  • Sustainable mobility 
  • Ecological materials 
  • Environmental chemistry and biology 
  • Renewable energy 
  • Environmental consulting 
  • Energy efficiency 
  • Water management 

Our investment sectors 

  • Waste management 
  • Transport 
  • Technology 
  • Renewable energy 
  • Health Care 
  • Food and agriculture 
  • Water management 

Our geographic focus is on our strong presence in the Swiss ecosystem, while selectively considering European opportunities if they fit our approach and strategy. 

Investment criteria 

ONE CREATION’s private equity criteria are used as guidelines for selecting our portfolio companies: 

  • Investment Universe (Themes/Sectors/Geography) 
  • Investment stage (depending on technology and prospects) 
  • Ticket size corresponding to our investment capacity (currently 1 million CHF maximum) 

Investment process  

Step 1 – Investment Research 

Search for opportunities through our network   

Initial screening according to our general investment criteria  

Majority approval by the Private Equity investment team 

Step 2 – Review of the business and the business model 

Interview with management.  

Review of preliminary investment material.  

Discussion with experts in the field within the One Creation network  

Majority approval by the Private Equity investment team

Step 3 – Due Diligence 

Visit the company on site  

Financial, legal and business review  

Due Diligence Report   

Majority approval by the Private Equity investment team

Step 4 – Negotiating the terms 

Review of contractual terms and valuation    

Majority approval by Managementbation à la majorité par la Direction 

Step 5 – Final approval by the ONE CREATION Board of Directors 

Presentation of the company by the founders / management  

Presentation of the SD report and investment recommendation  

Approval by majority vote of the Board of Directors

Step 6 – Implementation of the decision of the ONE CREATION Board of Directors 

Signing of the legal documentation  

Designation of representatives (board member or observer)  

Integration into the ONE CREATION portfolio  

Step 7 – Follow-up of investments 

Participation in the Board of Directors  

Business support through the One Creation network  

Reporting  

Step 8 – Refinancing or exit 

Decision to participate in the refinancing  

Update of the Due Diligence report  

Analysis of exit or refinancing conditions and report to the Board of Directors  

Approval by majority vote of the Board of Directors 

Listed companies

Our role as an investor 

ONE CREATION is positioned as a minority investor for the companies in its portfolio with the ambition of helping them to continue to develop their business in a sustainable manner. 

Our investment commitment is longer than that of other investors because we do not have vintage funds to invest in. As a result, we are able to provide optimal monitoring throughout the life of the company with a longer investment horizon, generating more value for all. 

We will intensively leverage our global network to help our portfolio companies grow and “do good by doing good”. 

Investment organization 

Listed equity investment team 

Composed of 4 members of the management

  • Olivier Ferrari        
  • Sabine Giammarresi – Mabillard 
  • Lelia Khammari  
  • Elisa Benito 

Investment universe 

Investment process  

Step 1 – Financial Qualification 

Profitable and financially strong companies by conducting an in-depth analysis over the last 5 years. 

Profitability criteria. 

Financial strength criteria. 

Liquidity criteria. 

Step 2 – Environmental Criteria 

Only companies whose turnover has a positive impact on the environment (more than 20%) are selected. 

Analysis of financial and non-financial reports. 

Qualitative assessment of environmental impact. 

Internal management tools.   

External providers of extra-financial data: ISS ESG and Refinitiv. 

41% – Support | 31% Mix | 21% Leader 

Step 3 – Restriction Criteria – ESG 

ISS ESG validates the exposure to restrictions and controversies on a monthly basis (exposure threshold: 5% of turnover). 

Manufacture of arms and other military products. 

Production and processing of tobacco and manufacture of alcohol. 

Gambling. 

Nuclear power generation and genetic engineering. 

Step 4 – Portfolio Construction 

The selection of companies to be included in the portfolio is made by an investment committee composed of our CIO, managers and ESG analysts. 

The weighting assigned to the companies selected is determined by their market capitalization. 

Step 5 – Final Portfolio 

Selection of approximately 30 to 70 companies. 

Continuous monitoring of sustainability criteria 

Environment 

  • CO2 emission. 
  • Greenhouse gas emissions. 
  • Energy consumption. 
  • Environmental innovation. 

Social 

  • Employee turnover. 
  • of women employees. 
  • of women in management. 
  • Human rights policy. 
  • Policy against child labour. 

Gouvenance 

  • Board of Directors. 
  • Independent. 
  • Number of women directors. 
  • Duality of functions. 

Infrastructure

Our role as an investor 

ONE CREATION works either directly as a project developer or indirectly through selected partnerships with recognized players in the field.  

ONE CREATION has entered into a strategic partnership with Siemens Energy Performance Services to finance renewable energy projects in Switzerland.  

Investment organization 

As manager, CONINCO selects, analyses and approves all investments proposed to the Board of Directors of ONE CREATION for approval.  

Infrastructure Investment Team :  

Composed of 4 members of CONINCO  

  • Olivier Ferrari        
  • Sabine Giammarresi – Mabillard 
  • Elisa Benito 
  • Fulvio Maccarone 

The team meets twice a month and decides by a majority of the members present. 

Investment process  

Step 1 – Investment Research  

Search for opportunities through our network or our partners. 

Initial screening by the team.  

Step 2 – Pre-evaluation of the project 

Initial technical visit. 

Review of major facilities.  

Initial comparative analysis.  

Optimization factors. 

Approval by the infrastructure team. 

Step 3 – Preliminary Analysis 

Feasibility analysis.  

Definition of the initial concept. 

Estimated savings. 

Estimated cost of the project. 

Technical report. 

Approval by the infrastructure team. 

Step 4 – Detailed Analysis 

Project specifications. 

Technical risk analysis. 

Selection of suppliers. 

Final cost and savings. 

Contractual conditions. 

Implementation schedule. 

Management approval. 

Step 5 – Project Diligence Report for Approval 

Presentation of the project. 

Discussion of the economic aspects. 

Formal offer. 

Approval by the Board of Directors of ONE CREATION Cooperative. 

Step 6 – Implementation of the decision of ONE CREATION’s Board of Directors 

Delivery and installation. 

Project management. 

Testing and commissioning. 

Integration into the ONE CREATION portfolio. 

Step 7 – Project Monitoring 

Data monitoring and analysis. 

Measurement, verification and stabilization of performance. 

Optimization. 

Investors

Investors wishing to subscribe to the ONE CREATION cooperative may be individuals, institutional investors, philanthropic foundations or NGOs, commercial companies, family offices or public authorities.

Family Offices

ONE CREATION is a long term project for the creation of a patrimony, without neglecting the need for an annual income.