CITA Investissement is a Private Equity investor that was born in 2013 from the meeting of BPI France and KIA. KIA had already been an investor in France, through other structures established with other partners.
Creation of the Investment Company in Advanced Technologies (CITA).The purpose of the company is to develop economic and commercial cooperation between France and Kuwait. CITA is created on equal terms by major financial institutions of both countries : Elf, Paribas and IDI for France, KIA (Kuwait Investment Authority) and KPC (Kuwait Petroleum Corporation) for Kuwait. The initial capital of the Paris-based company is FF 100 million.
CITA FCPR1 fund raising, a 76 m€ fund established with BNP and Natixis group.