
Eurazeo gears up for Eurazeo Capital V
France-headquartered GP Eurazeo has made a regulatory filing for Eurazeo Capital V, its latest mid-cap buyout-focused fund.
The filing for the Luxembourg-domiciled vehicle was made in April 2022.
The fund was previously cited in the firm’s ongoing fundraising pipeline in its 2H20 financial results, with the fundraising period expected to overlap with that of funds including Eurazeo Growth III (which held a EUR 1.6bn final close in July 2021) and Eurazeo PME IV (which was launched in March 2021 and has made three deals), as well as Eurazeo Brands II and its IDF IV venture fund.
Eurazeo Capital IV held a final close in July 2019 on EUR 2.5bn, a year and a half after the vehicle was launched. The fund acquires European and US-based mid-market companies, writing equity tickets of EUR 200m-EUR 400m. Its investments include France-headquartered intellectual property consultancy Questel.
The GPs recent fundraising activity includes the second close of Eurazeo Smart City II on EUR 150m in January 2022, as reported. In the same month, Eurazeo announced that it had raised record amounts in 2021, with EUR 5.2bn in commitments amassed across its growth, buyout and secondaries strategies.
Eurazeo executive board member Marc Frappier told Unquote in February 2022 that the GP was aiming to make acquisitions in Europe and the US as part of its push to become a global PE player via market consolidation.
Eurazeo had not responded to a request for comment at the time of publication.
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