Private Equity FundAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 14 SOURCES

Abénex

Also known as Abenex, ABENEX CAPITAL, Abenex Capital

Paris private equity manager, independent from ABN AMRO since 2008; minority or majority stakes of €10–100m in French and European SMEs and mid-caps; B Corp; €2.5bn raised.

HEADQUARTERS: Paris, France
FOUNDED: —
AUM: —
OUTSIDE CAPITAL: Yes
TEAM LISTED: 12 people

FOCUS

STAGES: GrowthBuyout
SECTORS: HealthTech Industrial & Manufacturing Software & SaaS Education Consumer & E-commerce Climate & Energy Real Estate & PropTech
ASSET MIX: Private equityReal estateImpact
GEOGRAPHY: FranceItalyBelgiumNetherlandsLuxembourgEurope

WHAT IT IS

Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.

Percier Real Estate
Abénex's real-estate activity (value-add operations mainly in Paris, started 2014) being spun off as an independent management company, subject to AMF approval; Abénex remains reference shareholder

ABOUT

Abénex is a Paris-based private equity firm that became independent from ABN AMRO in 2008, with offices in Paris, Lyon, Amsterdam and Milan and more than 45 staff. It invests €10–100m as minority or majority shareholder in SMEs and mid-sized companies through Mid Cap, Small Cap and Industries 9.0 (industrial decarbonisation) strategies, around three themes: improving quality of life, protecting people and assets, and increasing knowledge and optimising resources. It reports €2.5bn of capital raised and more than 100 companies backed, is B Corp certified (2022, recertified 2025) and became an entreprise à mission in 2023; its real-estate activity is being spun off as Percier Real Estate.

INVESTMENT THESIS

Backs SMEs and mid-caps alongside management on three impact themes (quality of life and healthcare, protection of people, assets and data, resource optimisation and education), with a dedicated operating team; Industries 9.0 targets industrial SMEs valued up to €60m with €5–20m tickets and SBTi-aligned decarbonisation plans.

PORTFOLIO (12)

Tethys
Industrial & Manufacturing · since 2026
HTDS
Industrial & Manufacturing · since 2021
De Hooge Waerder
HealthTech
Zato
Industrial & Manufacturing · since 2025
Groupe Emeraude
Fintech · since 2025
Asgard group
Industrial & Manufacturing
Santis
HealthTech
Origin Group
Industrial & Manufacturing
Di Marco
Industrial & Manufacturing
Propriétés Privées
Real Estate & PropTech
Groupe Skin Artists
HealthTech
Groupe Leader Insurance
Fintech · Exited (2025)

TEAM

Olivier Moatti
Associé Gérant · source
Patrice Verrier
Associé Gérant · source
Johann Dupont
Associé et Directeur Général · source
Hervé Claquin
Associé Fondateur · source
Christian Dorléac
Associé (Small Cap) · source
Julien Keignart
Associé (Small Cap) · source
Emmanuel Herbinet
Associé, head of Abenex Industries 9.0 · source
Nicolas Goiran
Associé (Industries 9.0) · source
Mathieu Mauhourat
Associé (Mid Cap) · source
Sander de Lange
Associé, Co-Head Benelux · source
Coen Barendsen
Associé, Co-Head Benelux · source
Laurent Chevreau
CFO · source

FAQ

Abénex is a private equity fund based in Paris, France.

Yes. Abénex invests directly in private companies.

Abénex invests at Growth and Buyout stages in HealthTech, Industrial & Manufacturing, Software & SaaS, Education, Consumer & E-commerce, Climate & Energy and Real Estate & PropTech.

Abénex's stated ticket size is €10M–€100M.

Key people at Abénex include Olivier Moatti (Associé Gérant), Patrice Verrier (Associé Gérant), Johann Dupont (Associé et Directeur Général) and Hervé Claquin (Associé Fondateur).

Abénex's investments include Tethys, HTDS, De Hooge Waerder, Zato, Groupe Emeraude, Asgard group, Santis and Origin Group, among others.

The most recent publicly reported investment by Abénex is Tethys (Buyout (majority stake, fourth investment of Abenex Small Cap II; Bpifrance reinvesting)), announced in May 2026.

Yes. Abénex manages capital from outside investors.