Crédit Agricole Private Equity boosts team

The French bank is looking to augment its co-investment capacity with its latest hire from a family office.

Frantz Paulus is joining Crédit Agricole Private Equity as an investment director to work on the French bank’s co-investment activity. He will report to Fabien Prévost, chairman of the management board.

Paulus, 34, is moving from Ifrah Finance, a family office investing in pharmaceutical and biotech R&D development firms, where he has been investment director since 2006.

He began his career at PricewaterhouseCoopers in London as an auditor in 1998. In 2001, he joined their transaction services department in Paris as a manager.

Crédit Agricole Private Equity specialises in direct private equity investment in unlisted companies. It has 40 investment teams focusing on different segments of the private equity market from expansion and buyout capital, to PPP Infrastructure and secondaries. It manages a total of €2 billion ($3.2 billion) in various types of private equity vehicle.