Morgan Lewis Advises ISAI Gestion on the Launch of Its Fourth Early-Stage Fund

PARIS, December 12, 2025: Morgan Lewis represented ISAI Gestion in the launch of its fourth early-stage fund, ISAI Venture IV. Structured as a professional private equity fund, ISAI Venture IV has raised nearly €75 million for its first closing.

ISAI Venture IV is a French fund dedicated to financing and supporting high-potential tech players. The fund looks to invest between €1 million and €3 million in startups founded by French nationals, both in France and abroad, particularly in the United States.

ISAI Gestion is a leading French management company, focused on tech investments, based in Paris and New York and having raised more than €1.1 since inception across four strategies, early-stage venture, corporate venture, growth lending, and tech buyout.

The Morgan Lewis team that assisted ISAI Gestion in this transaction included partner Nicolas Capelli and associate Nassim Doudou.

For more, read ISAI’s announcement.