EURAZEO’S PRIVATE DEBT FUND CLOSES AT RECORD €3.9 BILLION, EXCEEDING ITS INITIAL TARGET

Eurazeo has completed the final closing of Eurazeo Private Debt VII (EPD VII), its flagship direct lending fund, at €3.9 billion, significantly exceeding its initial €3 billion target. The closing reflects LPs’ continued trust in Eurazeo’s Private Debt strategy and highlights sustained demand for exposure to the European lower mid-market. 

With this fundraise, the 7^th programme closes at a total size of €5.5 billion, including close to €1 billion raised from Private Wealth alongside investments and mandates from institutional commitments.

International investors account for more than 60% of commitments, confirming the fund’s growing appeal among investors, particularly in North America and Asia, seeking diversified exposure to European private debt. Eurazeo’s pan-European Private Debt team is uniquely positioned to address this demand, leveraging its longstanding expertise and disciplined strategy to deliver attractive returns.

EPD VII is already 65% deployed, with investments in more than 70 companies across Europe, totalling €2.5 billion. It builds on the predecessor fund, Eurazeo Private Debt VI, which closed at €2.3 billion in 2023.

Private Debt assets under management exceed €11 billion, representing 29% of Eurazeo’s assets under management and underscoring the central role of the strategy within Eurazeo’s broader platform.

Eric Gallerne and François Lacoste, Managing Partners, Private Debt, declared:

“ With more than two decades of experience and teams based in Paris, London, Frankfurt, Milan, Madrid and Stockholm, we are well positioned to deliver attractive returns for our investors while supporting the next generation of lower mi d-market European companies. This record close reflects the trust our investors place in our strategy and the strong demand for exposure to the European  lower mid-market. It highlights the discipline of our investment approach, and our ability to deploy capital consistently across market cycles .”