Tikehau Capital subsidiary Ace Management has taken part in a €50m equity injection into French aircraft parts business Mecachrome, together with other shareholders, as the company endures the effects of the coronavirus crisis on the aerospace industry.
Software systems developer is the GP's first investment from its £561m CBPE X vehicle
Following the deal, Montefiore retains a minority stake and a seat on the company's board
Following the €20m first close, the Berlin-based VC aims to launch a larger cleantech-focused fund
GP is investing from its £120m SME Fund, which held a final close in July 2018