News & Analysis

Former Credit Agricole unit to continue infra focus

Previously known as Credit Agricole Private Equity, the re-named Omnes Capital, which was acquired by private equity secondaries firm Coller Capital last week, will continue with a strategy that includes renewable energy and infrastructure.

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Under its new identity of Omnes Capital, the former Credit Agricole Private Equity (CAPE) – which was sold by Credit Agricole to London-based private equity secondaries specialist Coller Capital last week – will continue to invest in renewable energy and infrastructure.

A statement said that Omnes Capital would continue to manage the portfolio of assets acquired by Coller Capital, which was previously managed by CAPE. Coller Capital said it had become the sole shareholder in CAPE with a view to supporting the firm to autonomy.

The statement also said Omnes would develop key business areas including renewable energy, where CAPE had taken minority stakes in small to medium-sized enterprises (SMEs) as well as majority stakes in infrastructure projects developed by companies in its portfolio.

CAPE is one of the sponsors of Meridiam Infrastructure, the Paris-based public-private partnership fund manager, along with Credit Agricole, Predica and AECOM Technology Corporation. In 2006, CAPE closed Capenergie I, the first French institutional fund focused entirely on renewable energy, on €109 million.

Omnes Capital, which is based in Paris, has €1.9 billion in assets under management. The firm will also continue to be active in leveraged buyouts, expansion capital and venture capital.