A&O Shearman advises NextStage AM on an FPCI dedicated to growth SMEs

Continuing the investment strategy of previous editions, NextStage Championnes IV will support unlisted French SMEs that already demonstrate profitable growth and have developed proven innovations in the technological, digital, environmental, or societal fields.

The entrepreneurial expertise and operational support provided by NextStage AM are intended to help these innovative SMEs grow, particularly through internationalization and external growth.

NextStage AM announced a first closing of the FPCI NextStage Championnes IV at EUR108 million, with a target of EUR200m.

The A&O Shearman team was led by partners Antoine Sarailler and Benjamin Lacourt, with associate Agathe Estramon on fund and asset management aspects, and partner Guillaume Valois on tax aspects.