Established in 2004, CAPZA (formerly Capzanine) is an independent investment fund specialising in mixed capital and private debt financing to unlisted Small CAP and Mid CAP companies.
In January 2019, AXA increased its stake in Capzanine to help the private debt manager’s international development. As part of the deal, AXA France has acquired an additional 22 percent stake in Capzanine from alternative assets manager Eurazeo for €82 million, including fund shares. An additional capital increase brings the total combined holding of AXA France and AXA Investment Managers to 46 percent. Capzanine’s management team will hold the remaining 54 percent of the company’s equity.