Mid Cap LBO - Investment vehicles

Our mid cap LBO investment vehicles

CACI PI
Inception: 2010
Fund type: 10-year FCPR for qualified investors
Target fund size: EUR 20 million
Informed investors, in particular business managers, currently active or having sold their business, with a significant financial portfolio.
Investment policy:
• LBO and expansion capital fund
• Intended for joint investment with CACI funds (CACI 3 with a size of €173 million, and successive funds) in French SMEs with high growth potential and a value of €25 million to €150 million

CACI 3
Inception: 2008
Fund type: ten-year FCPR for qualified investors
Fund size: EUR173 million
Investors: 58% by Crédit Agricole S.A. and 42% by third-party investors within the Group.
Investment policy:
• Majority stakes: investment in buy-outs and spin-offs
• Minority stake: financing corporate growth (expansion capital), providing liquidity for business owners (OBOs)
• Target companies: French and European companies with an enterprise value ranging from EUR25 to 150 million.
• Deal size from EUR5 to EUR30 million, minimum stake of 15%, strong management involvement.

CACI 2
Inception: 2005
Fund type: ten-year FCPR for qualified investors
Fund size: EUR139 million
Investors: sponsored by the Crédit Agricole S.A for 43% and by third-party investors within the Group.