While at IPEM 2020 in Cannes at the end of January, Unquote's Denise Ko Genovese spoke to Coller Capital partner Francois Aguerre. Aguerre explained why co-investments will likely remain a preferable option for large LPs as opposed to ramping up direct investing activities – not least because of the struggle to attract and retain top talent when competing with PE firms. He also shared his thoughts on the continued growth of the secondaries space.
Transaction also financed with a €10m senior debt from LCL, BNP Paribas, Bred Banque Populaire and CIC
GP acquires a 49% stake in the company for €1.06bn, while the reminder is retained by current owner Atlantia
LDC invested £20m in Mitrefinch in 2016 for a minority stake and has supported the company in doubling revenues
Omega managing director Claudio Nessi and principal Francesco Draetta will join the company's board