Our investors are mainly:
- Entrepreneurs and company managers (including managers of former investments)
- Institutional investors
- Regional banks
Vespa team is the main investor of the fund. We share risks with managers and investors by committing a significant amount of our own assets to each company that we decide to support.
We believe that this alignment of interests ensures better discipline in risk analysis and management and at the end, better performance.
Our investment vehicles
Since 2009, Vespa Capital has invested:
- Vespa I : €40m invested between 2010 and 2014
- Vespa II : €45m invested between 2016 and 2019
- Clubs deals : €40m invested in 2 club deals in 2020 and 2021
We are trusted by our investors. 85% of the investors in Vespa I reinvested in Vespa II.
Since its inception, Vespa Capital has achieved a gross IRR of more than 20%.
Vespa Capital is approved by the Autorité des Marchés Financiers (AMF approval no. 2022-13).