# PE firms based in France (2026 list) > 292 PE firms based in France, 7% active in the last 12 months. Led by Idinvest Partners, Eurazeo, Demeter. Ranked by what they funded. Source: https://millionrounds.com/lists/pe-firms-based-in-france (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # PE firms based in France Updated 7 November 2026 PE firms headquartered in France. [See all 292 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-france)The top 25 **292** investors on the list *+1* this week **90** cheques in 12 months *-5%* against the market **$20M** median round they joined *+145%* against the market median **7%** wrote a cheque in 12 months **6%** have led a round ## The Top 25 Ordered by cheques observed, never by anything anyone paid for Deploying now (9) - 1 [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) *Deploying now* Private equity · France **217** **$20M** median round **Apr 2026** last seen - 2 [Eurazeo](https://millionrounds.com/fund/eurazeo) *Deploying now* Private equity · France **150** **$28M** median round **Oct 2026** last seen - 3 [Demeter](https://millionrounds.com/fund/demeter) *Deploying now* Private equity · France **84** **$6.6M** median round **Sept 2026** last seen - 4 [Cathay Capital](https://millionrounds.com/fund/cathay-capital) *Deploying now* Private equity · France **74** **$29M** median round **Oct 2026** last seen - 5 [Andera Partners](https://millionrounds.com/fund/andera-partners) *Deploying now* Private equity · France **53** **$57M** median round **Oct 2026** last seen - 6 [UI Investissement](https://millionrounds.com/fund/ui-investissement) *Deploying now* Private equity · France **52** **$5.6M** median round **Jul 2026** last seen - 7 [Mirova](https://millionrounds.com/fund/mirova) *Deploying now* Private equity · France **43** **$24M** median round **Sept 2026** last seen - 8 [Serena Capital](https://millionrounds.com/fund/serena-capital) dormant Growth equity · France **39** **$19M** median round **Oct 2019** last seen - 9 [Ardian](https://millionrounds.com/fund/ardian) quiet Private equity · France **35** **$31M** median round **Jun 2021** last seen - 10 [Siparex](https://millionrounds.com/fund/siparex) quiet Private equity · France **26** **$12M** median round **Oct 2019** last seen - 11 [IRDI SORIDEC Gestion](https://millionrounds.com/fund/irdi-soridec-gestion) *Deploying now* Private equity · France **25** **$4.4M** median round **May 2026** last seen - 12 [Alto Invest](https://millionrounds.com/fund/alto-invest) quiet Private equity · France **18** **$8.4M** median round **Aug 2016** last seen - 13 [Naxicap Partners](https://millionrounds.com/fund/naxicap-partners) quiet Private equity · France **18** **$13M** median round **Jul 2016** last seen - 14 [BNP Paribas Private Equity](https://millionrounds.com/fund/bnp-paribas-private-equity) dormant Private equity · France **18** **$4.2M** median round **Nov 2013** last seen - 15 [Galia Gestion](https://millionrounds.com/fund/galia-gestion) quiet Private equity · France **16** **$6.7M** median round **May 2019** last seen - 16 [Sofimac Partners](https://millionrounds.com/fund/sofimac-partners) quiet Private equity · France **14** **$8.3M** median round **Mar 2019** last seen - 17 [RIVE Private Investment](https://millionrounds.com/fund/rive-private-investment) *Deploying now* Private equity · France **12** **$46M** median round **Jun 2026** last seen - 18 [Turenne Capital](https://millionrounds.com/fund/turenne-capital) quiet Private equity · France **11** **$24M** median round **Jan 2025** last seen - 19 [Merieux Developpement](https://millionrounds.com/fund/merieux-developpement) quiet Private equity · France **11** **$47M** median round **Sept 2016** last seen - 20 [Amundi Private Equ...](https://millionrounds.com/fund/amundi-private-equ) quiet Private equity · France **10** **$5.7M** median round **Sept 2013** last seen - 21 [Time for Growth](https://millionrounds.com/fund/time-for-growth) quiet Private equity · France **9** **$7.9M** median round **Jul 2015** last seen - 22 [Amundi Private Equity Funds](https://millionrounds.com/fund/amundi-private-equity-funds) dormant Private equity · France **8** **$8.6M** median round **Mar 2015** last seen - 23 [IXO Private Equity](https://millionrounds.com/fund/ixo-private-equity) quiet Private equity · France **8** **$32M** median round **Jul 2019** last seen - 24 [ICSO Gestion](https://millionrounds.com/fund/icso-gestion) dormant Private equity · France **8** **$4.9M** median round **Sept 2009** last seen - 25 [NCI](https://millionrounds.com/fund/nci) quiet Private equity · France **7** **$5.5M** median round **Sept 2019** last seen **267 more on this list** All 292 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000. [See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fpe-firms-based-in-france) ## The Newest Cheques Rounds this list's investors joined most recently - **30** Oct **[Complaion](https://millionrounds.com/company/complaion)** Other *Led by* [Eurazeo](https://millionrounds.com/fund/eurazeo) - **22** Oct **[Phononic Vibes](https://millionrounds.com/company/phononic-vibes)** Growth *Led by* [Jolt Capital](https://millionrounds.com/fund/jolt-capital) - **22** Oct **[Huixi Technology](https://millionrounds.com/company/huixi-technology)** Series B *With* [Cathay Capital](https://millionrounds.com/fund/cathay-capital) - **21** Oct **[Elax Énergie](https://millionrounds.com/company/elax-energie)** $34M *With* [Crédit Mutuel Impact](https://millionrounds.com/fund/credit-mutuel-impact) - **21** Oct **[Hephaestus](https://millionrounds.com/company/hephaestus)** Series A · $17M *With* [Teampact ventures](https://millionrounds.com/fund/teampact-ventures) - **21** Oct **[Elax Energy](https://millionrounds.com/company/elax-energy)** $34M *With* [Crédit Mutuel Impact](https://millionrounds.com/fund/credit-mutuel-impact) ## Stages This Year 87 rounds - Seed **20%** - Series A **16%** - Series B **14%** - Venture **11%** - Other **8%** - Other **31%** ## What They Backed Sectors, last 12 months - AI **22** - Biotech **16** - Healthcare **14** - Energy **10** - Chemicals & Materials **5** - Cleantech **5** ## Cheques by Quarter Led Joined 24 Q1 25 25 Q2 25 20 Q3 25 23 Q4 25 31 Q1 26 25 Q2 26 20 Q3 26 8 Q4 26 The last bar is the quarter still running. ## Lists Like This - [VC firms based in United States 25,936](https://millionrounds.com/lists/vc-firms-based-in-united-states) - [PE firms based in United States 19,904](https://millionrounds.com/lists/pe-firms-based-in-united-states) - [VC firms based in United Kingdom 2,451](https://millionrounds.com/lists/vc-firms-based-in-united-kingdom) - [VC firms based in China 1,473](https://millionrounds.com/lists/vc-firms-based-in-china) - [VC firms based in India 1,309](https://millionrounds.com/lists/vc-firms-based-in-india) - [VC firms based in Canada 1,211](https://millionrounds.com/lists/vc-firms-based-in-canada) - [VC firms based in Germany 1,186](https://millionrounds.com/lists/vc-firms-based-in-germany) - [PE firms based in United Kingdom 974](https://millionrounds.com/lists/pe-firms-based-in-united-kingdom) - [Incubators and accelerators based in United States 828](https://millionrounds.com/lists/incubators-accelerators-based-in-united-states) [All investor lists *→*](https://millionrounds.com/lists) ## Quick answers about PE firms based in France ### Who are the most active PE firms based in France? By cheques observed, the most active are Idinvest Partners, Eurazeo, Demeter, Cathay Capital and Andera Partners. ### How many PE firms based in France are there? 292 are on record. 7% made an investment in the last 12 months and 6% have led a round. ### Which stages do PE firms based in France back? Of the rounds with a named stage in the last 12 months, mostly Seed (25%) and Series A (21%). ### How big are the rounds PE firms based in France join? The typical (median) round among the leading investors here is $12M. ### Which sectors do PE firms based in France back most? In the last 12 months, mostly AI, Biotech and Healthcare. ### Which PE firms based in France lead the most rounds? Eurazeo (10 led), RIVE Private Investment (9 led) and Andera Partners (6 led). ### What have PE firms based in France invested in recently? Recent rounds include Complaion (Other, Oct 2026, with Eurazeo), Phononic Vibes (Growth, Oct 2026, with Jolt Capital) and Huixi Technology (Series B, Oct 2026, with Cathay Capital). ### How is this list of PE firms based in France ranked? By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night. Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)