Armen takes minority stake in Private Corner

• Armen will hold up to 30 percent of Private Corner’s capital
• Private Corner is based in Paris, France
• Armen invests in European alternative investment companies and supports their growth through GP stake transactions

Armen has secured a minority investment in Private Corner, a French digital platform that offers wealth management and private banking community access to private market investment funds.

Private Corner is based in Paris, France. The company has grown its assets under management to over €400 million.

Armen’s management company will hold up to 30 percent of the capital of Private Corner’s management company, according to a release.

Armen’s investment will enable Private Corner to accelerate its expansion in France and across Europe, the release said.

“From an Armen perspective, our investment in Private Corner showcases our commitment to bringing our wider experience and skills to the advantage of our portfolio companies and GPs within our community,” said Dominique Gaillard, chairman, co-founder of Armen.

This transaction follows a strategic minority investment from a group of French family offices in Armen and the first close of Armen GP Stakes Fund I at €150 million.

Armen, in April, acquired a minority investment in RGreen Invest.

Armen, based in Paris, France, invests in European alternative investment companies and supports their growth through GP stake transactions. The firm is regulated by Autorité des Marchés Financiers as a portfolio management company since 2022.