Eurazeo has introduced two new Evergreen investment funds to accelerate the international expansion of its Wealth portfolio and strengthen its presence in the European private asset management landscape. The new vehicles, Eurazeo Prime Income Credit (EPIC) for private debt and Eurazeo Prime Strategic Opportunities (EPSO) for secondary private equity, are designed to be distributed across major European markets, including Austria, Belgium, France, Germany, Italy, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, and the United Kingdom.
Both funds will soon open their commercialization and investment phases. Each is launching with more than €100 million in initial capital, supported by contributions from Eurazeo and a major institutional investor. Eurazeo intends for the two vehicles to build on the performance and commercial momentum of EPVE 3, its first Evergreen fund.
The launch is a core element of Eurazeo’s 2024 to 2027 strategic plan, which prioritizes the expansion of its private client business and reinforces its position as a European leader in private asset management across mid-market, growth, and impact strategies. EPIC and EPSO draw on the track record of EPVE 3, established in 2018 and now managing more than €3 billion in assets under management. EPVE 3 invests in secondary private equity and private debt positions spanning over 250 European companies and is currently recognized as the leading Evergreen fund for private clients in France, as well as the largest French-law Evergreen fund in Europe’s private markets.
The debut of EPIC and EPSO also comes at a significant point for the region’s financial landscape. Industry analysis suggests that the market for Evergreen funds domiciled in Europe is poised for notable expansion, driven by regulatory modernization and broader democratization initiatives. A study by Novantigo projects that assets under management in these funds could increase sixfold between 2025 and 2030.
KEY QUOTES:
“The development of EPIC and EPSO aims to bring to life Eurazeo’s ambition to increase its European footprint across all its activities, particularly Wealth. By choosing to replicate its success in France across the continent, Eurazeo is playing a decisive role in democratizing private equity and giving individual European investors the opportunity to contribute directly to the development of the companies surrounding them.”
Christophe Bavière and William Kadouch-Chassaing, Co-CEOs of Eurazeo
“We designed EPIC and EPSO with a few simple objectives in mind. We want to offer as many people as possible the opportunity to support European SMEs and to increase the predictability of investments. This is what secondary private equity and private debt enable. Such investments also allow individuals to diversify their risk exposure and are part of sound wealth management.”
Luc Maruenda, Partner – Head of Wealth Solutions
