European buy-out fund
I&F PME IV is a Paris-based buy-out fund managed by Initiative & Finance. €240m reported at final close (source published March 2026).
Capital-transmission and capital-développement in SMEs; manager-level scope.
Amounts come from the linked public source. A first close is not the final fund size, and a reported close does not confirm that the fund is investing now. Headquarters describe where the manager is based, not where it invests.