please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . august 2016 learn how and when to remove this template message this article includes a list of references but its sources remain unclear because it has insufficient inline citations . please help to improve this article by introducing more precise citations . august 2016 learn how and when to remove this template message learn how and when to remove this template message pai partners type private ownership industry private equity founded 1998 headquarters paris france products private equity funds total assets 11 billion 1 number of employees 50 website www.paipartners.com pai partners is a major european private equity house and is the leading private equity investor in the french market . it is one of the oldest firms in the sector with its origins dating back to paribas affaires industrielles the historical principal investment activity of paribas which started operations in 1872 . the firm is characterised by its industrial approach to ownership combined with its sector based organisation . pai provides portfolio companies with the financial and strategic support required to pursue their development and enhance strategic value creation . pai manages 7.6 billion of dedicated buyout funds . since 1994 pai has completed 56 lbo transactions in 10 european countries representing over 38 billion in transaction value . pai has 50 agents from 9 european countries and teams in paris copenhagen london luxembourg madrid milan and munich . contents 1 history 1.1 investment funds 1.2 investments 2 notes and references 3 external links history edit pai s origins date back to paribas affaires industrielles the historical principal investment activity of paribas the pan european merchant bank which merged with banque nationale de paris in 1999 . pai was originally formed to manage the private equity investments of bnp paribas . in 1993 amaury de seze joined paribas affaires industrielles as chairman and chief executive officer . under his leadership pai developed a strategy in private equity that capitalized on the team s familiarity with industrial sectors . paribas affaires industrielles led the 610 million buyout of danone s pasta and condiment unit in 1997 2 at that time the largest leveraged buyout ever completed in france . the following year the firm finalized fundraising for its first third party investment fund raising 650 million of investor commitments . pai completed a full spinout from bnp in 2000 and the following year raised a new 1.8 billion private equity fund . history of private equity and venture capital early history origins of modern private equity the 1980s leveraged buyout boom the 1990s leveraged buyout and the venture capital bubble the 2000s dot com bubble to the credit crunch v t e pai lbo fund established in 1998 was the first pai investment vehicle managing third party capital . prior to 1998 pai invested exclusively on the balance sheet of bnp paribas . in september 2009 pai s ceo dominique megret stepped down in favor of lionel zinsou who came from n.m. rothschild . in response pai has offered investors an opportunity to reduce the size of pai europe v raised in 2007 and 2008 by almost 40 % . in march 2015 pai raised its fifth lbo fund pai europe vi reaching 3.3 billion above the initial target of 3 billion . 3 investment funds edit since 1998 pai has raised four investment funds pai lbo fund 1998 650 million pai europe iii 2001 1.8 billion pai europe iv 2005 2.7 billion pai europe v 2008 2.7 billion pai europe vi 2015 3.3 billion 3 investments edit historically pai managed paribas s stakes in large food and consumer goods companies across europe royal canin european leader in dry pet food diana ingredients natural food ingredients evialis animal feed saupiquet ready meals ldc premium poultry navidul cured ham spain sos arana rice spain and helped them consolidate their respective sector . pai has completed a large number of leveraged buyouts of market leading european companies in recent years including several of the most significant in europe . the most recent transactions in consumer goods and services healthcare as well as general industrial companies are highlighted below kiloutou equipment rental services swissport ground and cargo handling services the nuance group travel retail and duty free industry hunkem ller lingerie retailer cerba european lab specialised biology laboratory xella aircrete blocks atos it service provider kaufman & broad developer and builder of homes united biscuits biscuits and snacks perstorp value added ingredients for the coating industry global closure systems plastic closures cortefiel clothing retailer iph industrial supplies distributor adb airfield solutions airfield ground lighting r & r ice cream take home ice cream manufacturer custom sensors & technologies sensors and control products a.s. adventure outdoor equipment and fashion retailer domusvi ederly care vps vcant property services labeyrie fine foods gourmet food euromediagroup technical services to the audiovisual industry notes and references edit funds raised since inception strat gies marketing communication m dias marques conseils publicit . strategies.fr . retrieved 2016 08 08 . a b pai media centre . paipartners.com . 2015 03 13 . retrieved 2016 08 08 . external links edit pai partners company website pai partners businessweek profile builder to sell water unit . new york times november 16 2004 timmons heather private equity investors are reshaping the landscape of european business . the new york times may 5 2005 iph shareholders v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies v t e largest private equity investment firms 3i group aac capital partners advent international alpinvest partners american capital apax partners apollo global management ares management bain capital bc partners berkshire partners the blackstone group bridgepoint capital candover the carlyle group ccmp capital cerberus capital management charterhouse capital partners cinven clayton dubilier & rice cvc capital partners doughty hanson & co encap investments eqt partners first reserve corporation fortress investment group general atlantic goldman sachs capital partners gtcr hellman & friedman h.i.g. capital jrk property holdings kkr trilantic capital partners leonard green & partners madison dearborn partners nordic capital oak investment partners oaktree capital management onex teachers private capital pacific equity partners pai partners permira providence equity partners sentinel capital partners silver lake partners summit partners sun capital partners ta associates terra firma capital partners thomas h. lee partners tpg capital warburg pincus welsh carson anderson & stowe private equity private equity firms venture capital firms portfolio companies retrieved from https en.wikipedia.org w index.php title pai partners & oldid 733555617 categories private equity firms of francecompanies based in pariscompanies established in 1998hidden categories articles needing additional references from august 2016all articles needing additional referencesarticles lacking in text citations 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