Mezzanine finance provider Indigo Capital is opening its first overseas office in Paris. Cyril de Galea, who until now has been based in the firm’s London office, will be based in Paris and will be joined shortly by Monique Deloire who is also currently working from the London office. Indigo director Richard Collins will remain in charge of the French business.
Indigo, which is currently investing from its €475m fourth fund, targets mezzanine investments of between €10-€100m. It has made around 20 investments in France over the past seven years including Parkeon, Fraikin and Eau Ecarlate.