Abenex Capital

Investment decisions are led by founders and Managing Partners Romain Zivi and Jean-David Haas, who together set strategy and oversee deal execution. The firm also relies on a small investment team and operational partners for portfolio support.

Abenex relies on direct relationships with business owners, industry networks, and management teams rather than auction processes. The firm positions itself as a hands-on long-term partner, which helps attract off-market deals in its target valuation range.

Abenex Capital operates as a traditional private equity firm with a closed-end fund structure, but it differentiates by focusing exclusively on control-oriented lower-mid-market deals. It often holds companies longer than typical PE funds and emphasizes operational turnarounds.

Abenex focuses on buyout and growth capital stages, typically acquiring majority or controlling stakes. Its target enterprise values range from €30 million to €150 million, and it often works with companies needing operational or strategic transformation.

The firm prioritizes industrial technology, healthcare services, enterprise software, business services, and special situations or turnarounds. It avoids highly competitive sectors like consumer goods or pure financial services where it lacks operational expertise.

Abenex primarily executes direct control investments in companies rather than committing capital to external funds. It does not operate a fund-of-funds or participate broadly in limited partner commitments to other private equity managers.

Abenex does not typically engage in passive co-investments alongside external general partners. Its model centers on direct control or majority positions where it can actively influence operations and strategy.