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Laxman Pai, Opalesque Asia: Pan-European asset manager in private markets Eurazeo closed its latest buyout fund, Eurazeo Capital V (EC-V), securing €3bn ($3.24bn) in capital commitments and surpassing its initial target.
The French private equity investor said in a media release that the fund's strong reception highlights investor confidence in Eurazeo's mid-large buyout strategy (MLBO), which focuses on high-growth businesses with global potential.
According to the release, MLBO is strategically positioned to be the partner of choice for mid-market champions across three fast-growing sectors: Tech-Enabled Business Services, Financial Services, and Healthcare & Life Sciences. By leveraging deep sector expertise and global Eurazeo resources, we partner with leading mid-market businesses capable of transformational growth and foster value creation initiatives - support external growth, sectorial and international expansion, and strengthening of operational excellence.
"EC-V's geographic focus spans Europe and North America and targets businesses in the middle and upper-middle market, with direct equity investments expected to range between €200 million to €350 million. In addition, the Fund offers systematic co-investment opportunities to its partners," it said.
The same strategy is being applied to deploying EC-V, which has already delivered strong new investment activity across its three verticals. With nearly 50% deployment, EC-V has ...................... To view our full article Click here
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