Eurazeo racks up over 1bn euros for French SME fund

• The fund’s limited partners include asset managers, sovereign funds and insurance companies as well as family offices originating in France, other European countries and Asia
• The fund raised 50 percent more than its previous fund
• Eurazeo PME IV is co-managed by Managing Directors Erwann Le Ligné, Pierre Meignen and Benjamin Hara

Eurazeo has raised over 1 billion euros for its Eurazeo PME IV Fund. The fund raised 50 percent more than its previous fund.
Eurazeo PME IV focuses on helping French SMEs to expand internationally.

The fund’s limited partners include asset managers, sovereign funds and insurance companies as well as family offices originating in France, other European countries and Asia.

Eurazeo PME IV is co-managed by three Managing Directors Erwann Le Ligné, Pierre Meignen and Benjamin Hara.

Olivier Millet, a member of Eurazeo’s executive board and managing partner of small-mid buyout, said in a statement: “Hitting our €1 billion target is hugely satisfying for our team, and I would like to thank all of its members for their very high level of exper tise and commitment over the years. Eurazeo intends to help French SMEs speed up the process of becoming European and international champions.”

Eurazeo has a diversified portfolio of 32 billion euros in assets under management, including 23.2 billion euros from third parties and has invested in 530 companies.

Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Milan, Madrid, Luxembourg, Shanghai, Seoul, Singapore and Sao Paulo.