Updated:
Innoven Private Equity
Innoven Private Equity was founded in 2000 by Patrice Hoppenot and François Prévost, initially as a spin-out from a French banking group.
Innoven Private Equity
Innoven Private Equity was founded in 2000 by Patrice Hoppenot and François Prévost, initially as a spin-out from a French banking group. The firm has grown into a mid-market investor with a focus on technology and healthcare. Its wealth origin traces to institutional commitments, not a single family fortune, though Hoppenot and Prévost retain control. Innoven targets growth-stage companies in enterprise software, digital health, climate tech, and industrial technology. The firm typically invests €10 million to €50 million per deal, using both equity and private credit instruments. Known portfolio holdings include cybersecurity firm Stormshield and healthcare software company Maincare (per public record). Geographically, Innoven covers France, the US (notably California), and India. The firm manages its capital through two main vehicles: a buyout and growth equity fund. Its team of investment professionals operates from offices in San Francisco, Menlo Park, New York, Paris, and Mumbai (per the firm's website). Innoven has maintained a stable team with low turnover, and its investment committee includes both Hoppenot and Prévost. Innoven's structural differentiator is its transatlantic footprint matched by a dual-strategy model — equity and credit — allowing it to back companies across the capital structure. The firm also runs a dedicated private credit fund, a structure rare among peer growth equity managers. Its approach to co-investments alongside limited partners has been a stated core focus.
General information
Firm type
Asset Manager
Year founded
2000
AUM
Undisclosed
Location
Region
North America
Country
United States
City
San Francisco
Corporate office
San Francisco, CA, United States
Additional offices
Menlo Park · New York · Paris · Mumbai
Principals
François Prévost
CEO
Patrice Hoppenot
Executive Chairman
Sector focus
Frequently asked questions
Who runs investment decisions at Innoven Private Equity?
François Prévost, CEO, and Patrice Hoppenot, Executive Chairman, lead the investment committee (per public record). Both co-founded the firm in 2000. The committee is supported by a team of sector-focused partners across offices in San Francisco, New York, Paris, and Mumbai.
What investment stages does Innoven typically target?
Innoven targets growth-stage and later-stage companies, typically investing €10 million to €50 million per deal. The firm participates in growth equity rounds and also provides private credit through a dedicated fund (per the firm's website).
Does Innoven participate in fund commitments or only direct deals?
Innoven primarily invests directly into companies through its own funds. It has not disclosed material activity as a limited partner in other funds. The firm's private credit fund focuses on direct lending to mid-market firms.
What sectors does Innoven explicitly focus on and avoid?
Innoven focuses on enterprise software, digital health, industrial technology, and climate tech (per public record). It does not typically invest in real estate, financial services, or heavy infrastructure.
How is Innoven structured — as a family office or an asset manager?
Innoven Private Equity is structured as an independent asset manager, not a family office. It manages third-party institutional capital through dedicated funds. Its founding partners maintain a controlling ownership stake.
Where does Innoven source proprietary deal flow?
Innoven sources deals through its transatlantic network of offices and a team of 12 investment professionals. The firm's presence in Paris, San Francisco, and Mumbai historically provides access to cross-border mid-market companies (per the firm's communications).
Does Innoven maintain philanthropic structures?
No public record of philanthropic structures operating separately from Innoven Private Equity exists. The firm's founding partners have not disclosed personal foundations tied to the firm.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on family offices?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: