The aerospace support fund was launched last month by French Finance Minister Bruno Le Maire. Aerospace companies Airbus, Safran, Thales and Dassault Aviation launched a call for tenders and selected the Tikehau fund and its subsidiary ACE.

Dassault Aviation said it was contributing 13 million euros to the ACE Aéro Partenaires fund, whose target remains a total fund raising of 1 billion euros.

(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)