Paris / Berlin — Listed global invest­ment firm Eura­zeo announ­ced the final closing of the Idin­vest Private Debt V fund at €1.5 billion. This is the company’s fifth direct lending vehicle, which was still laun­ched under the name of its subsi­diary Idin­vest Partners.

Toge­ther with 500 million euros origi­na­ting from private debt secon­dary funds and invest­ment manda­tes, Eurazeo’s current private debt program thus amounts to 2 billion euros. More than 70 percent of inves­tors are not from France. In total, Eura­zeo mana­ges around 5 billion euros in the asset class.

The Private Debt V fund is alre­ady almost 80 percent inves­ted, and the launch of Eura­zeo Private Debt VI is alre­ady in the plan­ning stage.

Eurazeo’s private debt team has been active in the market for almost 15 years, giving it invest­ment expe­ri­ence of more than 120 tran­sac­tions and across seve­ral econo­mic cycles. The stra­tegy focu­ses on compa­nies with an enter­prise value of between €30 million and €300 million. In Germany, the port­fo­lio includes Avenga, Netgo and Yieldkit.

Fran­çois Lacoste (photo), Mana­ging Part­ner and Head of Private Debt at Eura­zeocomm­ents: “In these unusual times, we are very grateful for the contin­ued support of our inves­tors and the trust they have placed in us, and we are proud to have excee­ded our initial fund­rai­sing target. We are convin­ced that the private debt market will conti­nue to be a source of new oppor­tu­ni­ties for Eura­zeo. We are keen to invest in high-performing and promi­sing compa­nies, along­side top manage­ment teams and spon­sors in Europe.”

About EURAZEO

Eura­zeo is a leading global invest­ment group, with a diver­si­fied port­fo­lio of €22.7 billion in assets under manage­ment, inclu­ding €16.0 billion from third parties, inves­ted in 450 compa­nies. With its considera­ble private equity, private debt, real estate and infra­struc­ture exper­tise, Eura­zeo accom­pa­nies compa­nies of all sizes, support­ing their deve­lo­p­ment through the commit­ment of its nearly 300 profes­sio­nals and by offe­ring deep sector exper­tise, a gate­way to global markets, and a respon­si­ble and stable foot­hold for trans­for­ma­tio­nal growth. Its solid insti­tu­tio­nal and family share­hol­der base, robust finan­cial struc­ture free of struc­tu­ral debt, and flexi­ble invest­ment hori­zon enable Eura­zeo to support its compa­nies over the long term.
Eura­zeo has offices in Paris, New York, São Paulo, Seoul, Shang­hai, Singa­pore, London, Luxem­bourg, Frank­furt, Berlin and Madrid. — Eura­zeo is listed on Euron­ext Paris.