on EURAZEO (EPA:RF)
Eurazeo Achieves Strong Growth and Realizations in 2024
Eurazeo reports significant asset management growth in the first nine months of 2024, aligning with its strategic goals. Fundraising reached €3 billion, marking a 76% increase from 2023, with assets under management rising to €35.5 billion, notably supported by third-party investments. The firm saw a 15% rise in management fees, reflecting this growth.
Realizations also improved, totaling €2.4 billion—triple the amount from the same period in 2023. Balance sheet realizations hit €824 million, showcasing a robust asset rotation and a 5% increase in deployments to €3.2 billion.
The performance of portfolio companies remains strong, led by 21% growth in real assets and significant contributions from buyout and growth firms. Notably, impactful investments accounted for 33 new ventures within the period.
R. E.
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