(Finance) – Eurazean announces that he has successfully closed its sixth direct lending fund with an overall collection of 2.3 billion euros, of which 2.1 billion euros came from third-party investors. A result exceeding the initial target of 2 billion euros, which allows the entire Eurazeo Private Debt program to reach a total of 3.2 billion eurosconsidering the 900 million euros raised from retail investors.
The success of the latest collection strengthens the position of Eurazeo leadership in SME financing in Europe. Such a result was the result of both a team with proven experience in Private Debt and the success of five previous generations of funds.
Eurazeo benefits, in fact, from the renewed confidence of its long-standing investors, attracting new ones, both French and international. Currently over 70% of investors come from Europe (excluding France), Asia, North America and Australia.
Since its launch, the program has already invested over 70% of its collection. The Private Debt VI fund has supported more than 50 companies across Europe, active in resilient and non-cyclical sectors, such as business services, healthcare, financial services and information technology.
Eurazeo’s Private Debt strategy currently represents over 20% of the company’s assets under management. Its international team, made up of over 20 experienced investors, provides financing services (mainly senior debt but also subordinated) to European SMEs with valuations between 30 and 300 million euros.
Since its establishment in 2007the team helped finance around 400 companieswith total commitments equal to 10.5 billion of Euro.