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
• Chambers France – Investment Funds – Up and Coming, 2026
“Diane is great, concise, effective and good in negotiations.” – “She is very available and responsive and has a good appreciation of our issues.” – “Diane Campion de Poligny gives excellent advice and is reactive.“

Team recognition

• Chambers France – Investment Funds – Band 3, 2026
• Legal 500 - Private Equity: Fund formation – Firms to Watch – 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.” – “The DLA Piper team is very available and responsive.” – “DLA Piper's team has sound knowledge of industry practices.” – “DLA Piper has good knowledge of the market and its practices.” – “The advice provided by DLA Piper is of a very good level and the team is multidisciplinary with a high degree of availability and responsiveness.“
– Chambers & Partners – Investment Funds – 2026