The Private Investment Funds team advised Seventure Partners in launching “Sport & Performance Capital,” a new French investment fund dedicated to the sports economy, in collaboration with the Caisse d’Epargne. The €80 million investment fund aims to finance high-potential French regional companies, start-ups and SMEs, selected for their innovative qualities or specialized know-how in the field of sports or wellbeing.
The investment period of “Sport & Performance Capital” will last through July 2024 (date of the Paris Olympic Games), enabling the selection of around fifteen companies to constitute the fund's portfolio. Relying on an investment advisory committee composed of Caisses d'Epargne managers, top-level athletes or former athletes, and experts from Seventure Partners, the fund will continue to provide financial support and assist the development of selected companies through 2029. Lastly, the fund intends to welcome additional investors and will be open especially to all Groupe BPCE institutions.
Seventure Partners is a European venture capital firm based in Paris, France, managing funds cumulating to more than €500 million. The firm has invested in innovative companies with strong growth potential, particularly in the health, food/nutrition and digital technologies sectors, establishing itself as a leading player on the innovation capital segment in Europe.