CAPZA

The company operates an asset management model focused on private markets. It raises dedicated closed‑end funds and credit vehicles from institutional investors to invest in private debt, flex equity, growth equity, transition financing and senior loans for European small and mid‑cap companies. As an AMF‑regulated portfolio management company, it designs and manages these fund strategies, makes investment decisions, and oversees portfolio monitoring and exits.

Value is created by originating and structuring tailored financing solutions for mid‑market corporates, seeking to generate attractive risk‑adjusted returns on behalf of fund investors through interest income, capital gains and downside protection. The firm scales its platform by increasing assets under management across its six areas of expertise (Growth Tech, Flex Equity, Flex Equity Mid‑Market, Private Debt, Transition and Artemid Senior Loans), leveraging deal origination networks and sector expertise. It monetises through recurring management fees on committed or invested capital, performance fees / carried interest on successful fund vintages, and lending and arrangement income embedded in financing transactions.

CAPZA is a French alternative asset manager and portfolio management company (commercial name of Atalante SAS) focused on European small and mid‑market companies. Now part of AXA IM Alts / BNPP AM Alts, it manages private debt, flex equity, growth tech, transition and senior loan strategies across several closed‑end funds.

The firm structures equity, quasi‑equity and debt instruments to finance growth, acquisitions, refinancings and other strategic events for European SMEs and mid‑caps. It earns revenues from management and performance fees paid by institutional investors in its funds, as well as interest margin and fees linked to its direct lending activities. Its direct customers are institutional investors allocating to private markets strategies; investee companies are financing counterparties rather than fee‑paying clients.