Bridgepoint Development Capital, the lower mid-market-focused arm of UK private equity firm Bridgepoint, is in talks to takeover funds managed by French private equity firm Edmond de Rothschild Capital Partners, according to people familiar with the situation.
Financière Edmond de Rothschild Banque Company has approached Bridgepoint Development Capital in hope of striking an agreement to sell subsidiary French private equity firm Edmond de Rothschild Capital Partners, which would see BDC take over management of its funds, according to people familiar with the matter.