Eurazeo has exceeded its fundraising target for the Eurazeo PME IV Fund by attracting more than €1 billion, 50% more than its previous fund.
Since 2006, the small-mid buyout strategy’s assets under management have grown from €50 million to more than €1 billion. In 2011, these investments were financed solely by Eurazeo’s balance sheet, but now more than 60% of assets come from institutional and private investors, as opposed to 38% for the predecessor fund.
Partner-investors include top-tier institutional investors – asset managers, sovereign funds and insurance companies – and family offices originating in France (64%), other European countries (24%) and Asia (12%).
Read more: Private Equity Wire
