FPCI Capital Sante 2

FPCI Capital Sante 2 is a closed-end private equity vehicle managed by Turenne Capital Partenaires SA and domiciled in France, where it is constituted as an FCP operating under the FPCI regime and authorised as an ELTIF under ELTIF 1.0. The fund was launched in 2019 and is denominated in EUR. Its mandate is described as multi-strategy, giving the manager latitude across private equity approaches rather than a single-segment focus, and the portfolio's reported indicates how that mandate has been distributed across regions to date.

The structure is capital-committed and closed-end, so investors should assume no dealing calendar: subscriptions are confined to the offering period and capital is returned through realisations over the fund's term rather than through redemption windows. Distribution is pan-European and limited to professional investors, with the ELTIF wrapper providing the cross-border marketing passport while the FPCI framework governs the fund at domestic level. Under ELTIF 1.0 the liquidity profile is correspondingly rigid compared with vehicles established under the later regime.

Within Novantigo's coverage of 494 vehicles, the fund sits among 163 private equity funds and 80 funds domiciled in France, narrowing to 32 that combine both. Its and can be read against that peer set to place the vehicle by scale and direction of asset growth. Figures are stated as of 31 Aug 2026.