Diane Campion de Poligny

• Advising Adams Street Partners, a leading U.S. private equity firm, on the structuring of the GF Lumyna Private Debt Fund, a French SICAV-FPS with ELTIF status, enabling the passporting of private lending activities across the EU.
• Advising a consortium of six Development Finance Institutions (DFIs)—Proparco, IIC, FMO, IFC, BIO, and Swedfund—on their investment in AfricInvest’s Small Cap Fund, a pan-African vehicle focused on supporting SMEs across the continent.
• Advising Access Capital Partners on the setup of a dedicated retail feeder fund managed by IQ-EQ in partnership with AirFund, a digital platform specializing in the distribution of private assets.
• Advising Mérieux Equity Partners, the investment arm of the BioMérieux pharmaceutical group, on the fundraising of Mérieux Innovation 2, a venture capital fund focused on the biotech sector.
• Advising Peugeot Invest on its EUR15m commitment to Five Arrows Growth Partners II, a private equity fund focused on growth and expansion capital investments across Europe and North America.
• Advising Invesco, a leading investment firm with USD1.8 trillion AuM, on the structuring of a French FPS to provide direct lending in France as part of a EUR81.75m loan secured by Amazon’s logistics centers.
• Advising Capagro, a specialized fund manager, on the structuring and fundraising of its second-generation fund, focused on agriculture, agtech, and the future of food.
• Advising AXA IM on the conversion of Agipi Innovation, a daily-valued FCPR fund, into a closed-end FPS, alongside a change of management company.
• Advising Albarest Partners, a Lyon-based investment management firm formed by former members of the MBO Partenaires team, on the first closing of Albacap 2, its second-generation fund focused on small-cap investments in the South-East of France.
• Advising Mata Capital on the structuring of a French and Luxembourg feeder fund dedicated to French and European life insurance policyholders, enabling access to Thoma Bravo Fund XVI, a flagship U.S. private equity fund focused on software and technology investments.

Individual recognition

• Best Lawyers – Investment Funds - since 2024

Team recognition

• Chambers France – Investment Funds – Band 3, 2025
  “DLA Piper is well regarded for its practice advising clients on fund formation, including regulatory and tax aspects. The team frequently advises investors domestically and internationally.“
  “They are able to understand our unique needs and negotiate effectively based on them. They also have a strong knowledge of market terms for fund investments in France.“
  “The team members have incredible knowledge; every time we call them they know the answer.“
  “Given their expertise and experience, the DLA team have a good perspective with which to provide the client with the ability to make an informed decision in negotiations.“
  “DLA Piper's service offering is quick and flexible, and the lawyers have a strong understanding of our business needs. They provide high-quality work.“
• Legal 500 - Private Equity: Fund formation – Firms to Watch – 2025