Suma Capital sets up new tent in Paris

• Suma Capital has appointed Jérôme Petitjean as partner
• Suma Capital is an independent alternative asset manager that focuses on long-lasting investments via infrastructure, growth, and venture capital
• The Barcelona-based firm manages over €800m assets

Suma Capital has opened a new office in Paris to expand its footprint in Europe and accelerate its growth plan outside Spain.

The firm has appointed Jérôme Petitjean as partner and he will head the new Paris office.

Previously, Petitjean worked at Demeter Investment Managers as partner for infrastructure funds.

This move is in line with the deployment of Climate Impact Fund III, the third sustainable infrastructure fund launched in 2022.

The Climate Impact Fund III has completed two transactions in seven months, the first through a 85 percent stake in Biomethane Initiatives, a joint venture with Sitra group and the second is a 70 percent stake in Adec Global, according to a release.

Additionally, the fund plans to inject money into 10 to 15 sustainable projects and companies as a majority investor, the release stated.

Suma Capital is an independent alternative asset manager that focuses on long-lasting investments through infrastructure, growth, and venture capital. The firm manages over €800 million assets. The firm is headquartered in Barcelona and has an office in Madrid.