Fondation Daniel et Nina Carasso
Also known as Fondation Carasso, FDNC, Fundación Daniel y Nina Carasso
Family foundation sheltered by Fondation de France (France and Spain); €467.5M endowment (2024), €63.7M committed to impact investments incl. its own food-transition fund FDNC-SFS.
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2010
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 5 people
Focus
- STAGES
- Seed
- ASSET MIX
- ImpactPrivate equityDirect investmentsPublic equities
- GEOGRAPHY
- FranceSpain
Overview
The Fondation Daniel et Nina Carasso is a family foundation created in 2010 in memory of Daniel and Nina Carasso and sheltered by the Fondation de France; it has also operated in Spain since 2014, funding sustainable food and citizen art. Its endowment was €467.5M in 2024, with €63.7M committed to impact investments. These include FDNC-SFS, a dedicated vehicle created in 2018 with Quadia that takes equity stakes in and lends to food-transition companies in France and Spain, and commitments to impact and infrastructure funds such as Suma Capital Climate Impact Fund, Esfin Gestion’s Bio filières durables and FAMAE Impact. Its Tiina programme makes reduced-rate seed loans to early-stage agriculture and food-transition companies in France.
PORTFOLIO (6)
- FDNC-SFS (dedicated food-transition impact vehicle, with Quadia; €7M committed, 13 holdings)Food & Agriculture · since 2018
- Suma Capital Climate Impact Fund — €2.5MClimate & Energy · since 2022
- Bio filières durables (Esfin Gestion) — €2MFood & Agriculture · since 2022
- FAMAE Impact — €1.25M reinvestmentClimate & Energy
- NAG (via FDNC-SFS)Food & Agriculture
- Smileat (via FDNC-SFS, Spain)Food & Agriculture
People
Links
Frequently asked questions
Fondation Daniel et Nina Carasso is a institutional investor based in Paris, France, founded in 2010.
Yes. Fondation Daniel et Nina Carasso invests its own capital in private companies. It also commits capital to third-party funds as an LP.
Fondation Daniel et Nina Carasso invests at Seed stage in Food & Agriculture and Climate & Energy.
Key people at Fondation Daniel et Nina Carasso include Marina Nahmias (Présidente), Jacques Nahmias (Président du Comité financier), Philippe-Loïc Jacob (Vice-Président exécutif) and Benoît Mounier-Saintoyant (Directeur général – France).
Fondation Daniel et Nina Carasso's investments include FDNC-SFS (dedicated food-transition impact vehicle, with Quadia; €7M committed, 13 holdings), Suma Capital Climate Impact Fund — €2.5M, Bio filières durables (Esfin Gestion) — €2M, FAMAE Impact — €1.25M reinvestment, NAG (via FDNC-SFS) and Smileat (via FDNC-SFS, Spain).
No. Fondation Daniel et Nina Carasso invests its own capital and does not raise money from outside investors.