What investment strategy does NextStage AM focus on?

NextStage AM focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does NextStage AM have?

NextStage AM has 78 active portfolio companies and 59 completed exits and 9 funds tracked on GP Intel.

Where is NextStage AM headquartered?

NextStage AM is headquartered in Paris, France.

What is NextStage AM's assets under management?

NextStage AM manages approximately €11.6B in assets under management.

When was NextStage AM founded?

NextStage AM was founded in 2002.

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NextStage AM

Q: What sectors does NextStage AM invest in?

NextStage AM invests across Software, Business Services, Healthcare, Financials, Industrials, TMT, Consumer.

Paris, France·Founded 2002·

Growth Equity Buyout

·nextstage-am.com

NextStage AM is an independent asset management company based in Paris, founded in 2002, specializing in multi-strategy private equity focused on innovative and growth-driven mid-market companies in France and Europe. As of June 2024, it…Read full bio

AUM

€11.6B

Funds

Portfolio

SectorsSoftwareBusiness ServicesHealthcareFinancialsIndustrialsTMTConsumer

Key facts

HQParis, France

Founded2002

Websitenextstage-am.com

Recent exits

Locamod

TMT · 2025

MoonBikes

Consumer · 2025

Numberly – Groupe 1000mercis

TMT · 2025

Enertime

TMT · 2024

Coverage notes

9 funds tracked, 137 portfolio companies (78 active · 59 realized). Verified weekly from public filings and deal announcements.

About NextStage AM

NextStage AM is an independent French asset management company founded in 2002 in Paris with €11.6 billion of assets under management as of December 2024, listed on Euronext Paris through its NextStage SCA evergreen investment vehicle since 2016. The firm specialises in multi-strategy private equity focused on innovative and growth-driven mid-market companies in France and selectively across Europe, combining traditional vintage closed-end funds with the long-duration listed permanent capital structure of NextStage SCA.

Investment thesis

NextStage targets European mid-market companies with strong growth profiles, deploying capital across multiple complementary strategies and vintage vehicles. Sector focus spans TMT, Business Services, Consumer, Industrials, Software and Healthcare, with the listed NextStage SCA evergreen providing optionality on holding periods beyond traditional fund durations. The firm emphasises supporting profitable scaling businesses through both majority and significant minority equity positions, with equity tickets ranging from €10 million to €100 million depending on the underlying vehicle and stage focus.

Recent activity

Recent realised exits include Locamod (TMT, 2025), MoonBikes (consumer, 2025), Numberly Groupe 1000mercis (TMT, 2025), Enertime (TMT, 2024), ESI Group (TMT, 2024) and Fermentalg (TMT, 2024), reflecting active distribution momentum across the technology vertical. The platform tracks 9 funds, 78 active portfolio companies and 59 realised exits across multiple investment cycles. Detailed buyer names and multiple data available on Pro at €49/month.