Astorg Strengthens Mid-Cap Team with New Head of France and Benelux

This appointment builds on Astorg Mid-Cap’s existing footprint in London and Frankfurt, strengthening coverage across the key geographies of France and Benelux, where the fund has been active with investments including Armor IIMAK, Sofico and Avania.

Under Jérôme’s leadership, two members of the Astorg Mid-Cap team - Valentin Dolla, Managing Director and Augustin Bolze, Investment Manager - will relocate from London to Paris. The team, which will be further expanded, will work alongside the Flagship team, to further enhance collaboration between the two funds and reinforce their shared mission: to back highly specialized, international B2B leaders across Astorg’s core sectors.

Since its formation in 2020, the Mid-Cap team has been continuously expanded and strengthened to now include 20 investment professionals. It operates with a comprehensive, transversal coverage model, combining local market presence with deep sector expertise across Healthcare, Technology & Software and Business Services, seamlessly integrated with the Flagship’s sector teams.

Lionel de Posson, Partner, Co-Head of Astorg Mid-Cap, said:

“Since the launch of Astorg Mid-Cap, our focus has been on building a high-performing conviction-driven pan-European platform. With Jérôme at the helm in France and Benelux, we are strengthening our on-the-ground capabilities in a key region and deepening strategic ties between our Mid-Cap and Flagship teams.”

Edouard Pillot, Partner, Co-Head of Astorg Mid-Cap, said:

“Jérôme brings a powerful combination of extensive mid-market investment expertise, regional focus, and leadership across sectors highly relevant to our strategy, notably Business Services and Healthcare. He is ideally positioned to help us scale our presence in France and Benelux and continue the strong momentum of the Mid-Cap platform.”

Jérôme will join Astorg on 7th July 2025 and will be based in Paris. He brings over 15 years of experience, including 10 years at Sagard, where he focused on mid-market investments across Business Services, Healthcare, Food & Consumer, and Industrials in Europe. He began his career at McKinsey & Company and Deutsche Bank.

Jérôme graduated from HEC Paris and École Normale Supérieure.

Astorg’s inaugural Mid-Cap fund held its final close in 2022, reaching its hard-cap of €1.3bn, and is currently almost 60% deployed across six companies headquartered in six different European countries. The portfolio has delivered average annual EBITDA growth of 18% and an average EBITDA margin of 30%, underscoring the strength of Astorg’s strategy and value creation approach.

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