Hogan Lovells advises Caisse des Dépôts on investment in Capveriant

Press releases | 18 February 2021

Led by Dusseldorf Partner Birgit Reese and Paris Partner Xavier Doumen international law firm Hogan Lovells has advised the French public financial institution Caisse des Dépôts et Consignations (CDC) on the acquisition of a minority stake of 28.5% in the financing platform Capveriant GmbH. Closing of the transaction is subject to certain closing conditions, in particular clearance from the EU Commission.

Caisse des Dépôts invests in the FinTech company through its business division Banque des Territoires.

Capveriant, a subsidiary of Deutsche Pfandbriefbank AG, operates a digital platform that brings together public borrowers and institutional investors. The platform launched in Germany in 2018 and expanded its offering to the French market in 2019.

Hogan Lovells team for Caisse des Dépôts

Dusseldorf

Birgit Reese (Partner), Sophie Ulrich (Senior Associate), Schiwa Omidi (Associate) (all Corporate); Dr. Heiko Gemmel (Partner), Nico Neukam (Counsel) (both Tax);

Dr. Marcus Schreibauer (Partner), Sarah-Lena Kreutzmann (Counsel) (both IP/ IT/ Data Protection);

Frankfurt

Dr. Kerstin Neighbour (Partner), Rebecca Reinhardt (Associate) (both Employment);

Dr. Richard Reimer (Partner), Sarah Wrage (Counsel) (both Regulatory);

Paris

Xavier Doumen (Partner, Corporate), Dr. Sébastien Gros (Partner, Regulatory), Etienne Drouard (Partner, IP/ IT), Eric Paroche (Partner, Competition), Ludovic Geneston (Partner, Tax), Ludovic Babin (Partner, Public Law).