French investment firm iXO Private Equity raised €200 million for its fourth fund.
IXO 4 FPCI will deploy €5 million to €20 million in capital to small and midcap companies, mainly in the south of France.
Bpifrance, Swen Capital Partners, CNP Assurances and Amundi are among the main and existing investors in the fund. Newcomers EIF and AVIVA also backed the fund.
The fund, which exceeded its initial fundraising target, brings the firm's total assets under management to €700 million, according to a news release published on the PE Hub Network.