A year and a half after stepping down as Eurazeo CEO, Virginie Morgon has launched her own private equity company, Ardabelle Capital, dedicated to the "transition to a sustainable economy", the company said in a press release published on Friday.

Ardabelle Capital, which will be based between Paris and New York, aims to raise 500 million euros by 2025 to launch a first fund focused on "carbon and environmental transformation", targeting medium-sized companies active in the value chains of "major consumer brands".

This fund is expected to comply with Article 9 of the European Sustainable Finance Disclosure Regulation (SFDR), which requires the publication of certain environmental and social information.

To launch Ardabelle Capital, Virginie Morgon has teamed up with former Danone human resources director Bertrand Austruy, former Suez environmental strategy manager Noemie Flammarion, former World Economic Forum CFO Julien Gattoni and Cara Kennedy-Cuomo, an impact investor.

According to the press release, all four will be "co-founders" and partners alongside him. Two other partners, whose names have not been made public, are involved in the project.

A well-known figure in French finance, Virginie Morgon left Eurazeo in February 2023 following a rift with the group's main shareholder, the Decaux family.

(Written by Florence Loève, edited by Blandine Hénault)