legal and privacy
GENERAL INFORMATION
IRIS - Iris Capital Management
Legal Form: Société par Actions Simplifiée (Simplified Joint-stock Company)
Registered Office: 62, rue Pierre Charron - 75008 Paris
Siren number: 424 495 315 RCS Paris
Capital Stock: 1 000 000€
Portfolio management company approved by the AMF under number GP 01050
This website is subject to French Law.
Legal Form: Société par Actions Simplifiée (Simplified Joint-stock Company)
Registered Office: 62, rue Pierre Charron - 75008 Paris
Siren number: 424 495 315 RCS Paris
Capital Stock: 1 000 000€
Portfolio management company approved by the AMF under number GP 01050
This website is subject to French Law.
PERSONAL DATA PROCESSING POLICY
Following the EU regulation 2016/679 of April 27, 2016 (the “General Data Protection Regulation” or “GDPR”), IRIS offers its website’s visitors the opportunity to be informed of the company’s latest news by visiting its News section and subscribing to its information newsletter.
In accordance with the GDPR, we rely on different legal bases for the use of cookies on this website:
- Legitimate Interest: Certain cookies essential for the proper functioning of the website are used without requiring your consent. These include cookies that ensure security, authentication, and user preference storage.
- Consent: For cookies related to performance analysis, audience measurement, and targeted advertising, your prior consent is required. You can manage your cookie preferences at any time through your browser settings.
In accordance with the GDPR and applicable French legislation, you have the right to lodge a complaint with the Commission Nationale de l'Informatique et des Libertés (CNIL) if you believe that your rights have not been respected or that the processing of your personal data violates applicable data protection regulations. You can contact the CNIL via its website www.cnil.fr or by mail at the following address:
CNIL – Complaints Department
3 Place de Fontenoy
TSA 80715 75334
PARIS CEDEX 07
Before reaching out to the CNIL, we encourage you to contact us first so that we can address your concerns and find a satisfactory solution.
Users have a right of access, rectification, erasure of data, restriction of processing, withdrawal of consent, data portability, as well as the right to object to the processing of their data. Users can contact IRIS to provide instructions relating to the storage, deletion, and communication of their data at privacy@iris.vc or by writing to us at 62 rue Pierre Charron, 75008 Paris with proof of identity to exercise these rights.
In accordance with the GDPR, we rely on different legal bases for the use of cookies on this website:
- Legitimate Interest: Certain cookies essential for the proper functioning of the website are used without requiring your consent. These include cookies that ensure security, authentication, and user preference storage.
- Consent: For cookies related to performance analysis, audience measurement, and targeted advertising, your prior consent is required. You can manage your cookie preferences at any time through your browser settings.
In accordance with the GDPR and applicable French legislation, you have the right to lodge a complaint with the Commission Nationale de l'Informatique et des Libertés (CNIL) if you believe that your rights have not been respected or that the processing of your personal data violates applicable data protection regulations. You can contact the CNIL via its website www.cnil.fr or by mail at the following address:
CNIL – Complaints Department
3 Place de Fontenoy
TSA 80715 75334
PARIS CEDEX 07
Before reaching out to the CNIL, we encourage you to contact us first so that we can address your concerns and find a satisfactory solution.
Users have a right of access, rectification, erasure of data, restriction of processing, withdrawal of consent, data portability, as well as the right to object to the processing of their data. Users can contact IRIS to provide instructions relating to the storage, deletion, and communication of their data at privacy@iris.vc or by writing to us at 62 rue Pierre Charron, 75008 Paris with proof of identity to exercise these rights.
INTELLECTUAL PROPERTY
IRIS’s Website, including without limitation software programs, content, data, text, still or animated images, trademarks, logos, sounds, graphics, files, databases, domain names, and company names are the exclusive property of Iris Capital Management.
Any reproduction and/or representation of the whole or part of the website or one of its components, without the express authorization of Iris Capital Management is prohibited and liable to engage the civil and criminal liability of its author.
Any reproduction and/or representation of the whole or part of the website or one of its components, without the express authorization of Iris Capital Management is prohibited and liable to engage the civil and criminal liability of its author.
PUBLISHER & HOSTING INFORMATION
Hosting Provider: Amazon Web Services (https://aws.amazon.com/)
Director of Publication: Emmanuelle Flahault-Franc.
Director of Publication: Emmanuelle Flahault-Franc.
LIABILITY
The information provided by IRIS on the website is supplied for information purposes only and does not engage the liability of the management company, which does not guarantee its accuracy or completeness. IRIS reserves the right to modify all or part of the content at any time.
Furthermore, this information does not constitute a service offering or advice of any kind.
This website is strictly informational and aims to present the investment management activities of IRIS and its funds, including investment and divestment operations. All information available on the site is for informational purposes only and does not constitute a transactional platform. Any information may be modified without prior notice by the company. Under no circumstances do the details published on this site constitute an offer of financial products or services, nor should they be considered as a public offering, solicitation, or financial promotion for the purchase or sale of fund units or shares, or any other asset management products
Furthermore, this information does not constitute a service offering or advice of any kind.
This website is strictly informational and aims to present the investment management activities of IRIS and its funds, including investment and divestment operations. All information available on the site is for informational purposes only and does not constitute a transactional platform. Any information may be modified without prior notice by the company. Under no circumstances do the details published on this site constitute an offer of financial products or services, nor should they be considered as a public offering, solicitation, or financial promotion for the purchase or sale of fund units or shares, or any other asset management products
VOTING POLICY
IRIS has established a voting policy that defines the conditions under which it exercises the voting rights attached to the securities held by the funds it manages. In accordance with applicable regulations, this policy can be accessed via the following link. Additionally, IRIS provides its annual report on the implementation of this policy:
- Annual report on voting policy 2025
- Annual report on voting policy 2025
TRANSPARENCY OF SUSTAINABILITY RISKS POLICY
The management company considers sustainability risks,such as those defined in Article 3 of the SFDR, to be relevant for the entity. As VC investors in tech companies, we are mainly exposed to social and governance risks.
Reduction of exposure to sustainability risks is integrated into investment decisions through the following processes:
- An exclusion list that excludes companies that may represent sustainability risks in terms of sectors and countries ;
- A pre-investment sustainability analysis grid that assesses sustainability risks. The outcomes of this assessment are presented in a dedicated Sustainability section of the investment note and are discussed by the investment committee. If significant sustainability risks are identified, mitigating actions are integrated into the sustainability roadmap and objectives ;
- Sustainability clauses in our term sheet and shareholders’ agreements to mitigate sustainability risks.
Annual reporting and monitoring of the investee companies are conducted to assess the potential sustainability risks. The outcomes of this report are presented in the annual sustainability report.
29 LEC annual report:
In accordance with Article L533-22-1 of the French Monetary and Financial Code and the "loi énergie climat", French financial institutions publish an annual document outlining their policy on integrating environmental, social, and governance (ESG) criteria into their investment strategy, as well as the measures implemented to contribute to the energy and ecological transition. This document also includes a strategy for implementing this policy. This report is publicly available on the website of the French Agency for Ecological Transition: https://climate-transparency-hub.ademe.fr/dossier/iris-capital-management/.
Reduction of exposure to sustainability risks is integrated into investment decisions through the following processes:
- An exclusion list that excludes companies that may represent sustainability risks in terms of sectors and countries ;
- A pre-investment sustainability analysis grid that assesses sustainability risks. The outcomes of this assessment are presented in a dedicated Sustainability section of the investment note and are discussed by the investment committee. If significant sustainability risks are identified, mitigating actions are integrated into the sustainability roadmap and objectives ;
- Sustainability clauses in our term sheet and shareholders’ agreements to mitigate sustainability risks.
Annual reporting and monitoring of the investee companies are conducted to assess the potential sustainability risks. The outcomes of this report are presented in the annual sustainability report.
29 LEC annual report:
In accordance with Article L533-22-1 of the French Monetary and Financial Code and the "loi énergie climat", French financial institutions publish an annual document outlining their policy on integrating environmental, social, and governance (ESG) criteria into their investment strategy, as well as the measures implemented to contribute to the energy and ecological transition. This document also includes a strategy for implementing this policy. This report is publicly available on the website of the French Agency for Ecological Transition: https://climate-transparency-hub.ademe.fr/dossier/iris-capital-management/.
NO CONSIDERATION OF ADVERSE IMPACTS OF INVESTMENT DECISIONS ON SUSTAINABILITY FACTORS
IRIS doesn’t currently consider the principal adverse impacts of its investment decisions on sustainability factors at the entity-level because this type of criteria would require the calculation and collection of new key indicators and data that would represent an administrative burden compared to the size of the management company.
As IRIS is actively engaged in strengthening its ESG strategy, this position will be revised soon.
As IRIS is actively engaged in strengthening its ESG strategy, this position will be revised soon.
TRANSPARENCY REGARDING REMUNERATION POLICIES RELATED TO THE INTEGRATION OF SUSTAINABILITY RISKS
By Article 5 of the SFDR Regulation (EU), 2019/2088 of the European Parliament and of the Council of 27 November 2019, the remuneration policy of IRIS includes sustainability risks. For the time being, 10% of the annual variable remuneration of investment teams is linked to sustainability targets and KPIs.
The remuneration policy of IRIS will evolve and include more and more sustainability criteria.
The remuneration policy of IRIS will evolve and include more and more sustainability criteria.
PROCEDURE FOR HANDLING CUSTOMER COMPLAINTS
IRIS has implemented and maintains an operational procedure in order to quickly and efficiently process potential complaints issued by its clients. Any complaint may be referred to IRIS, 62 rue Pierre Charron, 75008 Paris.
The management company will acknowledge receipt of the complaint within a maximum of ten working days from the date of issuance. Except in duly justified and exceptional circumstances, a formal response will be provided to the client within two months of the complaint's issuance. Complaints handling is provided free of charge to IRIS clients.
In the event of a complete disagreement with the management company, the complainant may also contact the AMF Mediator:
Autorité des Marchés Financiers
17, Place de la Bourse
75082 PARIS CEDEX 02
The mediator can also be contacted directly on the AMF website: https://www.amf-france.org/en/amf-ombudsman/mediation-file/request-mediation
IRIS' complaints handling procedure will be provided for free to its clients upon written request (to the address mentioned above). It is available in both French and English.
The management company will acknowledge receipt of the complaint within a maximum of ten working days from the date of issuance. Except in duly justified and exceptional circumstances, a formal response will be provided to the client within two months of the complaint's issuance. Complaints handling is provided free of charge to IRIS clients.
In the event of a complete disagreement with the management company, the complainant may also contact the AMF Mediator:
Autorité des Marchés Financiers
17, Place de la Bourse
75082 PARIS CEDEX 02
The mediator can also be contacted directly on the AMF website: https://www.amf-france.org/en/amf-ombudsman/mediation-file/request-mediation
IRIS' complaints handling procedure will be provided for free to its clients upon written request (to the address mentioned above). It is available in both French and English.