September 18, 2019 / 5:28 AM / 3 months ago

France's Caisse des Depots, Euronext launch tech investment program

PARIS, Sept 18 (Reuters) - French state-backed financial company Caisse des Depots (CDC) said on Wednesday it was launching a 100 million euros ($110.64 million) programme to drive growth in high-tech small and medium-size companies.

In a joint statement, the European stock-exchange operator Euronext said it was creating a new index, the Euronext Tech Croissance, to raise the international profile of French start-ups.

“In rolling out this investment programme, we aim to step up our presence in the listed small-cap Tech segment and help keep the market active,” Olivier Mareuse, CDC’s Chief Investment Officer, said. ($1 = 0.9038 euros) (Writing by Matthieu Protard; editing by Richard Lough)

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