Announced
Completed
Financials
Tags
Public
Completed
Asset Managers and Custodians
Private Equity
France
private equity
Minority
Friendly
Cross Border
Acquisition
Private Equity
Single Bidder
Synopsis
A consortium of individual investors completed an investment of $410m in Eurazeo, a private equity firm. The investors will commit to a newly created continuation fund that will acquire a 32% stake in Eurazeo Growth assets which were financed through the Eurazeo balance sheet. This transaction remains subject to the satisfaction of certain conditions precedent and is expected to close within Q1 2021. “With initial returns on this portfolio of above 25 per cent, and significant new relationships for the Eurazeo Growth team, this is a very significant step for us and validates our vision and the investment model we have built over the years. We are proud that top level international investors trust us with this renewed partnership and look forward to shared success in the years to come," Yann du Rusquec, Eurazeo Partner.
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