Gide counsel to Eiffel Investment Group for the launch of ELTIF “Eiffel Private Credit”, a private debt fund dedicated to financing European SMEs, sponsored by CNP Assurances

Gide advised Eiffel Investment Group on the structuring of ELTIF “Eiffel Private Credit” (the “Fund”), a private debt fund aiming at financing SMEs active in all economic sectors, including strategic sectors for the autonomy and competitivity of France and of the European Union. The Fund has received ELTIF 2.0 approval from the French Financial Markets Authority.

The Fund seeks to support the growth of European businesses, to boost local economy, and to contribute to job creation. It implements a diversified investment strategy with a particular focus on transformation challenges and industrial development.

The Fund is sponsored by CNP Assurances. It is eligible in unit-linked life insurance contracts, capitalization contracts, and retirement savings plans, and can also be subscribed through securities accounts.

The Gide team was composed of Stéphane Puel, partner, Clothilde Beau, counsel, and Margot Lecoeur, associate.