Arkéa Capital, the private equity arm of Crédit Mutuel Arkéa, launched Arkéa Capital 3, its latest fund targeting unlisted French SMEs and mid-sized companies.

The firm aims to raise €85m, continuing its strategy of supporting high-growth businesses.

Classified as Article 8 under SFDR regulations, the fund will primarily attract high-net-worth investors, with a minimum entry of €100,000. It will focus on minority investments in companies generating between €10m and €300m in revenue.

The launch follows the full deployment of Arkéa Capital’s previous fund, which backed 31 companies before completing its investment cycle last year. With its latest vehicle, the firm looks to further strengthen its position in France’s private equity landscape. Hear more about investment efforts in France by joining France’s Leading Private Equity Conference in Paris.