LP profile · Private equity
Eurazeo
Eurazeo is a private equity headquartered in France (Europe). Ranked #307 in the 2026 Dealroom Power Law LP Ranking by realised power-law score across its venture commitments.
Historical Background
- Eurazeo was formed in 2001 through the merger of two French investment firms, Eurafrance and Azeo. The company's origins can be traced back to a French insurance company established in the 19th century.
- Initially operating more like a holding company with long-term investments in French industries, Eurazeo has since transitioned into a global investment group with a diversified portfolio.
Source of Capital
- The firm's capital is sourced from its own balance sheet and third-party limited partners, which include both institutional investors and private clients.
- Eurazeo has established partnerships with other financial institutions, such as the China Investment Corporation and BNP Paribas, to create investment vehicles. The firm is also increasingly raising capital from the private wealth channel.
Major Events
- In 2001, the modern Eurazeo was created by the merger of Eurafrance and Azeo (formerly Gaz et Eaux).
- The firm created a 50/50 joint venture, Euraleo, in 2006 after acquiring a 20% stake in the Italian bank Banca Leonardo.
- Eurazeo Capital V, the firm's largest buyout fund, completed its final close with €3 billion in commitments.
- The firm launched the Eurazeo Planetary Boundaries Fund, an impact buyout fund focused on companies with environmental solutions.
Allocation Strategy
- The firm's activities span several asset classes, including private equity (buyout, growth capital, and venture capital), private debt, and real assets.
- Eurazeo primarily targets small to mid-cap companies for investment, with a focus on sectors such as technology, healthcare, financial services, and consumer goods across a global geography.
- The investment strategy centers on acquiring majority or influential shareholdings. A key part of its current strategy includes a focus on impact-driven investments, as seen with the launch of its Transition Infrastructure Fund and Planetary Boundaries Fund.
Sources
- https://www.eurazeo.com/en
- https://en.wikipedia.org/wiki/Eurazeo
- https://www.companieshistory.com/eurazeo/
- https://umbrex.com/resources/private-equity-operating-partner-groups/private-equity-operating-partner-eurazeo/
- https://www.privateequityinternational.com/eurazeo-gathers-e3bn-for-its-largest-pe-flagship/
- https://www.eurazeo.com/en/newsroom/press-releases/eurazeo-announces-final-closing-its-eurazeo-capital-v-fund-eu3-billion
- https://impact-investor.com/eurazeo-reaches-e300m-first-close-with-its-planetary-boundaries-fund/
- https://www.eurazeo.com/en/businesses/private-equity
- https://wealth.eurazeo.com/en/private-equity
- https://www.privateequityinternational.com/three-firms-changing-pe-landscape-eurazeo/
- https://www.esgtoday.com/eurazeo-raises-over-e700-million-for-transition-infrastructure-strategy-beating-initial-target-by-40/