Capzanine promotes two in investment team
French mezzanine specialist Capzanine has promoted Clément Colin to principal and Emmanuel Fournial to senior associate.
Colin began his career in 2013 as an analyst at Duke Street, before joining Capzanine as an associate. Fournial began his career at the French mezzanine firm, joining in 2015 as an associate.
Capzanine recruited 12 people in 2017 and now has 34 employees throughout France, Germany and Spain – with a planned expansion to Italy.
Meanwhile, the firm's Capzanine 4 Private Debt fund is expected to hold a final close in March. The fund, launched in early 2017, specifically focuses on private debt and is expected to close on €950m. The vehicle has already been used for nine investments.
In January, Capzanine Special Situations held a first close on €55m, with a final target of €250-300m. The vehicle targets companies experiencing a phase of underperformance.
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