2023-11-30 21:03:55
Eurazeo wants to become “the benchmark player in private asset management (unlisted, editor’s note) in Europe”. SOPA Images/Rafael Henrique / SOPA Images/Si
The investment company turns the page on the Morgon years and pampers its shareholders.
Eurazeo turns the page on the Virginie Morgon years. Nine months after the ouster of the manager, the investment company founded in 2001 by Michel David-Weill, the former boss of the Lazard bank, is changing course. Historically positioned in equity investment in the capital of unlisted companies (Doctolib, Dorc, Planet, etc.), Eurazeo wants to become “the benchmark player in private asset management (unlisted, Editor’s note) and Europe».
The French private equity heavyweight began to diversify into third-party management in 2018 by purchasing Idinvest Partners, which allowed it to double in size. Eurazeo currently manages nearly 34 billion euros in assets, including 25 billion on behalf of third parties and the balance in equity. The company now wants to go much further. “The unlisted asset management market is growing strongly and is profitableexplains William Kadouch-Chassaing, co-CEO of Eurazeo with Christophe Bavière since February…
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