Caisse des Dépôts to acquire a 28% stake in Capveriant from Deutsche Pfandbriefbank.

Caisse des Dépôts, a French public financial institution, agreed to acquire a 28% stake in Capveriant, a fintech company, from Deutsche Pfandbriefbank, a German specialist lender. Financial terms were not disclosed. The joint-venture underlines pbb’s commitment to support public sector borrowers in financing matters through the Capveriant platform as well as pbb’s overall commitment to the French market, where it is a major lender to commercial real estate investors and also engages in the financing of investments in the public sector.