Activa Capital sets €150m French fund target

Activa Capital, a Paris-based private equity house targeting French mid-market and growth capital transactions, hopes to raise €150m ($161m) by the end of the first half of this year despite tough fundraising conditions.

Activa, which was formed in November 2001, held a first closing for the fund at €90m in December last year and is confident that it will reach its €150m target in the next few months.

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