IXO Private Equity

Christophe Chausson is the firm's founder and president and makes final investment-committee decisions alongside a compact team of sector-specialist partners. The firm has no publicly disclosed CIO role, and Chausson's continued involvement across 25-plus years means his personal network drives a significant share of proprietary deal sourcing in southern France and adjacent regions.

IXO's origination model leans on long-tenured regional relationships in Occitanie and neighboring geographies rather than broad auction processes. The firm targets founder- and family-owned businesses with revenues typically between €15M and €100M that have never engaged a Paris-based intermediary. Its single-office structure in Toulouse is deliberately intended to maintain adjacency to these networks.

IXO operates as a fund-formatted manager, deploying capital through blind-pool vehicles raised from institutional LPs. The firm participates almost exclusively in direct equity investments — majority and minority buyouts, expansion rounds, and growth-equity transactions — and does not operate a fund-of-funds or co-investment platform for external managers.

The firm targets buyout, expansion/late-stage, and growth-equity transactions. It typically avoids venture-stage risk, focusing instead on profitable, cash-generating businesses in the lower mid-market. Check sizes generally fall between €5M and €30M per transaction.

IXO's structure is notable for its deliberate concentration in a single Toulouse office for more than two decades, eschewing a Paris headquarters or satellite presence. While many French mid-market GPs maintain a primary office in Paris even when investing in regional companies, IXO's architecture demands that partners live and operate inside the local industrial ecosystems they target, particularly across Occitanie, southern France, Spain, and northern Italy.

There is no public record of a foundation, philanthropic vehicle, or impact-investment arm associated with IXO Private Equity or its principals. The firm appears to operate solely through standard private-equity fund structures without an adjacent DAF, endowment, or family-office overlay.

IXO has not publicly disclosed a formal co-investment program. Its historic deal flow suggests a preference for control-oriented or structured minority positions in transactions the firm leads or co-leads, rather than passive co-invest tickets alongside larger Paris- or London-based sponsors.