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Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 10 SOURCES

TRAIL

Also known as TRAIL Management, Trail Capital

Paris private equity firm founded in 2014 by Xavier Marin; runs the Value Trail mid-cap fund, the SLAM sport/luxury/arts/music fund, WELL and a venture strategy.

HEADQUARTERS
Paris, France
FOUNDED
2014
AUM
€1B (2024)
OUTSIDE CAPITAL
Yes
TEAM LISTED
9 people

Focus

STAGES
GrowthBuyout
SECTORS
Consumer & E-commerceMedia & EntertainmentIndustrial & ManufacturingSoftware & SaaS
ASSET MIX
Private equityVenture capital
GEOGRAPHY
EuropeFrance

Overview

TRAIL is a Paris-based investment firm founded in 2014 by Xavier Marin, formerly co-head of investments at Eurazeo, with offices in Paris, Luxembourg and Shanghai. It describes itself as a multi-strategy private equity firm (buy-out, growth, venture) with a client base of institutions, corporates, family offices and individuals. Its strategies are Value Trail (European mid-sized companies, first fund launched in 2018, second announced in 2024 with China's Silk Road Fund), SLAM (sport, luxury, arts and music), WELL (launched in 2026 with Rudy Gobert) and Venture. Bahrain's sovereign fund Mumtalakat became an investor in the SLAM fund in 2026.

PORTFOLIO (12)

  • BreitlingNOTABLE
    Consumer & E-commerce · since 2023
  • ZooplusNOTABLE
    Consumer & E-commerce · since 2022
  • Buffet CramponNOTABLE
    Exited
  • Electropoli
    Industrial & Manufacturing
  • APM Monaco
    Consumer & E-commerce
  • WELLA
    Consumer & E-commerce
  • Armatis
  • Tech3
  • Marcadé
    Media & Entertainment · since 2024
  • SLAM’s MMA platform (Ares Fighting Championship)
    Media & Entertainment · since 2024
  • Hexagone MMA
    Media & Entertainment · since 2026
  • LVO Groupe
    Exited

People

  • Xavier Marin
    Founding Partner · source
  • Olivier Chartier
    Partner · source
  • Mofses Kechichian
    Director · source
  • Adrien de Mégille
    Senior Associate · source
  • Antoine Faisant
    Associate · source
  • Josselin Poirier
    Associate · source
  • Pierre Louette
    Senior Advisor · source
  • Jean-Benoit Romon
    Director, Private Wealth Client Group · source
  • Alhousseini Maiga
    Head of Finance and Compliance · source

Links

Frequently asked questions

TRAIL is a private equity fund based in Paris, France, founded in 2014.

Yes. TRAIL invests its own capital in private companies.

TRAIL invests at Growth and Buyout stages in Consumer & E-commerce, Media & Entertainment, Industrial & Manufacturing and Software & SaaS.

Key people at TRAIL include Xavier Marin (Founding Partner), Olivier Chartier (Partner), Mofses Kechichian (Director) and Adrien de Mégille (Senior Associate).

TRAIL's investments include Breitling, Zooplus, Buffet Crampon, Electropoli, APM Monaco, WELLA, Armatis and Tech3, among others.

The most recent publicly reported investment by TRAIL is Hexagone MMA (Majority stake (SLAM fund)), announced in May 2026.

Yes. TRAIL manages capital from outside investors.