Each year, Banque Postale entrusts XAnge Private Equity with the management of a new innovation fund, with resources contributed by branch network retail customers. Each innovation fund is capitalized with between €15 million and €25 million.
XAnge Private Equity also manages six innovation funds previously managed by the venture capital team of ABN AMRO in France before it joined XAnge in July 2004.
Thus, XAnge Private Equity manages nine innovation funds, with total subscriptions of over €140 million, cementing its place as a long-term investor in innovation in France and Europe.
