Successful fundraising for Eurazeo Capital IV
After an initial closing in January 2019, Eurazeo is pleased to announce the final closing of the €2.5 billion Eurazeo Capital IV investment program. Investment partners provided c. €700 million in funds, close to 40% more than for the previous fund, Eurazeo Capital III.
In line with previous programs, Eurazeo Capital IV enables Eurazeo to invest in mid-cap companies with strong growth potential both in Europe and the United States. Under this program, Eurazeo Capital has already completed major investments in Europe (Iberchem, Albingia and DORC) as well as in the United States (Trader Interactive and Worldstrides).
Eurazeo thus confirms its ambitions in third-party management, while developing its business model combining own funds and investment partners.
This fundraising was subscribed by blue-chip international institutional investment partners – asset managers, sovereign funds and insurance companies – and leading families in North America (51%), Europe (36%), and Asia (13%).
Marc Frappier, Managing Partner of Eurazeo Capital said: “This success shows how attractive Eurazeo Capital investment strategy is to its long-term partners. We are proud that Eurazeo Capital’s ability to invest in the most attractive companies and the high quality of our track-record have encouraged our investment partners to subscribe to the Eurazeo Capital IV fund.”
For Frans Tieleman, Managing Partner, Eurazeo Development: “We’re honored by the confidence shown once again by our investment partners. They will provide Eurazeo with access to their international networks, particularly in North America and significant additional investment capacity, both through the fund and in their wish to coinvest at our side.”
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