Latour Capital has exceeded its fundraising target for its inaugural small-cap vehicle, closing Latour Small I at €400 million less than a year after launch, according to an official company announcement.
The fund was originally launched with a €250 million target, but strong investor demand drove a significant oversubscription despite a challenging fundraising environment. The investor base includes both long-standing partners and new institutional investors spanning the United States, Canada, the Middle East, and Europe, including the Nordics.
Latour is using the fund to return to its roots by focusing on the small-cap segment, leveraging its established operational investment strategy. Less than a year after its first close, the fund is already approximately 30% deployed, reflecting a rapid pace of execution.
To support this strategy, the firm has significantly expanded its team, adding 12 new professionals across investment and support functions over the past year. Among the notable hires is Maxime Picat, a former senior executive at Stellantis, who joined as a partner and brings extensive industrial expertise.
Latour Small I has already secured four transactions, including two completed deals and three primary investments. Two of these transactions are carve-outs, including one in Spain, aligning with the firm’s operational focus. The fund’s co-investment program is also underway.
Latour Capital, which manages approximately €5 billion in assets, continues to focus on investing in companies with strong growth potential across France and broader Europe.
