Ecofi Investissements buys Esfin Gestion

Both organisations are wholly owned subsidiaries of French bank Crédit Coopératif.

Ecofi is an asset manager with €8.2bn in assets under management as of December 2016. The group has 45 years of experience in managing its clients' assets and for 30 years it promotes solidarity-based finance with a social mission. The asset manager is based in Paris.

In January 2018, Esfin invested in French businesses Groupe Transparence, an insulating glass Manufacturer and distributor, and Demathieu & Bard, a construction services provider for engineering structures.

Esfin, founded in 1998, is a VC firm with assets under management of €175m. It invests up to €100,000-10m in growth and buyout deals involving French businesses, typically taking a minority stake. The companies it invests in usually have revenues of up to €80m. The VC firm is based in Courbevoie.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• France
• GPs
• France