In brief: Crédit Agricole strengthens its support for the territories

Crédit Agricole Assurances and IDIA Capital Investment has just announced the launch of a new EUR 100 million fund dedicated to financing French SMEs and ETIs spread across France. The objective of this initiative is clear: to accelerate their development and contribute to the dynamism of the territories.

The new initiative of Crédit Agricole Assurances takes the form of the launch of a Evergreen fund called "Crédit Agricole Assurances Avenir et Territoires", managed by IDIA Capital Investissement and endowed with 100 million euros.

This fund must primarily be used to finance French SMEs and ETIs from all sectors in their own funds and quasi-equity to support their development, competitiveness, the transmission of enterprises and the major transitions (ecological, energy, digital).

The fund will be able to draw on LCL networks, regional caisses, and local risk capital structures to reach its target.

"Crédit Agricole Assurances Avenir et Territoires" also defends a co-investment strategy, with regional funds and other funds managed by IDIA (Crédit Agricole Régions Développement, LCL Croissance, 3AI, 2EBC).

This initiative illustrates the ability of a major player such as Crédit Agricole to respond to a dual challenge: accelerating the transformation and competitiveness of French SMEs/ETI while structuring a territorial response based on responsible investment and local co-investment.

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