Trocadero Capital Partners is pleased to announce its first closing at €90.0m for its first FCPI (French Private Equity dedicated vehicle). This vehicle gathering institutional investors, funds of funds, family-offices and private-banks is also backed by the European Investment Fund, Bpifrance Investissement and SWEN AM. The final objective is to reach between €110.0m and €125.0m before beginning of 2015.
This vehicle aims at accompanying SME’s shareholders and CEOs in operations of transmission (capital reshaping) and development (external growth, internal growth, etc.).
The fund’s global approach is based on careful and innovative principles : an attractive yield with limited risk, a strong sector diversification, an annual revenue for investors, solutions adapted to “corporate” operations and a tactical adaptation suited for a fast-moving economic environment. The fund will invest from €3.0m to €15.0m, in France as well as Switzerland and Benelux. Additionally, some co-investment opportunities might be stated to investors.
Philippe Bruneau, CEO of Trocadero Capital Partners: “We are thankful to our investors who have trust in us, this fund-raising is here to validate the strategy put into place for a few years already, and is rewarding the entrepreneurial spirit which has animated the team since its independence.”
Benjamin Fougerat, Partner, adds: “Our adventure builds a bridge with the managers we meet and with whom we share our entrepreneurial spirit.”