
Eurazeo raises €2.8bn in 2020
Eurazeo raised €2.8bn from its investors across 2020, recording an 18% increase on the capital collected in 2019.
This amount includes the capital raised by Eurazeo Growth III, which has now collected more than €500m.
The fund, which was launched in September 2019 with a €1bn target, invests in French startups operating across the technology industry. It has invested in 24 companies, including Doctolib, Mano-Mano, Payfit, Contentsquare and Backmarket.
Eurazeo was also chosen by a consortium of French insurers to manage a €420m fund dedicated to the French healthcare sector, with the aim of accelerating onshoring and digitalisation across the industry.
In addition, the firm has raised capital for the Eurazeo China Acceleration Fund, which was launched in partnership with the Chinese Investment Corporation and BNP Paribas. The fund invests in French and continental European companies aiming to open new pathways for growth in China. It targets companies active in sectors with significant opportunity in China, and where Eurazeo has an established and strong track record, including advanced industrials, business services, consumer goods and services, healthcare, and digital technology.
Eurazeo also manages €2bn in assets on behalf of retail clients, of which €290m was raised in 2020, via Idinvest Strategic Opportunities, Idinvest Entrepreneurs Club and Idinvest Private Value Europe funds.
"In a complex environment, our diversified operations, our global presence and the expertise of our specialist teams mean we can continue to help businesses develop and support economic transformation, particularly in the tech and healthcare sectors," said Eurazeo CEO Virginie Morgon.
Eurazeo manages a total of €18.8bn in assets, including €13.3bn from third parties, invested across 430 companies. The firm specialises in investments in private equity, real estate and private debt, targeting the whole business development cycle – from venture to growth – and all segments of the market – from small-caps to mid- and large-caps.
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