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Ardabelle Capital, a private equity firm led by former Eurazeo CEO Virginie Morgon, has secured €250 million in commitments for its inaugural fund. The firm plans to raise a total of €500 million and aims to reach the target next year. Backers include the European Investment Fund, Oddo BHF's private equity arm, Swen Capital Partners, and TPG's GP stakes strategy TPG Next. Ardabelle will invest in essential businesses providing sustainable solutions and services.

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