Crédit Agricole Private Equity to launch co-investment activityCrédit Agricole Private Equity has launched a co-investment activity that will take minority equity stakes alongside European and North American investment funds. With an initial allocation of €100m, the activity will invest in mid to large-scale LBO and development capital deals across all sectors, with investment capacity of €15m per deal.
In July, Crédit Agricole Private Equity took a 23 per cent interest in Balitrand, a distributor of building fit-out supplies, as part of the LBO managed by Weinberg Capital Partners.
Another transaction, alongside The Carlyle Group, was the acquisition of a stake in Numericable in the second quarter of 2008.
Crédit Agricole Private Equity specialises in direct private equity investments in unlisted companies.
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