Gide, counsel to Candriam on structuring a fund of funds dedicated to impact investing
22 July 2020
Deals | France | Banking & Finance
Gide has advised on structuring Candriam Impact One, a fund of funds whose purpose is to support management companies with a positive impact on society and/or the environment.
By capitalising on impact investing, Candriam sends a strong message in the field of private equity. This fund of funds aims to raise 100 million euros for investment at European and especially French level, most particularly in vehicles that are still relatively modest in size and whose investment capacity stands between 30 and 150 million euros. The fund will dedicate half of its capital to French vehicles.
Gide's team comprised partner Stéphane Puel, working with counsel Rima Maitrehenry and associate Clothilde Beau.