Opale Capital
Backing group (“société de gestion adossée à Tikehau Capital”) Tikehau Capital
Also known as OPALE CAPITAL SAS
Paris AMF-authorised manager backed by Tikehau Capital; runs feeder funds and funds of funds giving wealth advisers’ clients access to private-equity and private-debt funds; €500M AUM (May 2026).
Not to be confused with Opale Gestion Ingénierie et Investissement (OG2I) or Opale Énergies Engagées.
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2022
- AUM
- €500M (2026)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 5 people
FOCUS
- STAGES
- GrowthBuyout
- SECTORS
- —
- ASSET MIX
- Funds (as LP)Private equityPrivate credit
- GEOGRAPHY
- EuropeGlobal
WHAT IT IS
Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.
ABOUT
Opale Capital is a Paris management company backed by Tikehau Capital, launched at the end of 2022 and authorised by the AMF in 2024, whose activity is limited to managing funds of funds and feeder funds. It selects international private-equity and private-debt funds (growth buyout, secondaries, co-investment, tactical credit, senior direct lending) and packages them for wealth advisers and their clients from €100,000; Tikehau Capital invests its own funds in each selected fund. It reported passing €500M under management in May 2026, with more than 450 adviser partners and 4,000 end clients.
INVESTMENT THESIS
Selection of about 1% of analysed third-party private-equity and private-debt funds, offered through feeders (e.g. into Keensight Nova VI) and multi-manager funds such as Opale Capital Strategies Direct Lending II (Ares, CVC, KKR, Ture Invest).
PORTFOLIO (5)
- Keensight Nova VI (feeder fund holding)
- Ares Management (fund selected for Direct Lending II)
- CVC (fund selected for Direct Lending II)
- KKR (fund selected for Direct Lending II)
- Ture Invest (fund selected for Direct Lending II)
TEAM
LINKS
FAQ
Opale Capital is a private equity fund based in Paris, France, founded in 2022.
Opale Capital does not primarily invest directly in private companies. It also commits capital to third-party funds as an LP.
Opale Capital invests at Growth and Buyout stages.
Key people at Opale Capital include Paul Moreno Blosseville (President & Head of Investment), Clarisse Ohana (Co-CEO), Édouard Leurent (Co-CEO) and Malika Mecheri (Head of Operations & Portfolio Monitoring).
Opale Capital's investments include Keensight Nova VI (feeder fund holding), Ares Management (fund selected for Direct Lending II), CVC (fund selected for Direct Lending II), KKR (fund selected for Direct Lending II) and Ture Invest (fund selected for Direct Lending II).
Yes. Opale Capital manages capital from outside investors.