Eurazeo raises €1.6bn

The Paris-based asset manager held a final close on its third growth equity fund.

Fund name: Eurazeo Growth Fund III
Amount raised: €1.6 billion
Target size: €1 billion
Stage of fundraising: Final close
Final close date: July 2021

Eurazeo held a final closing of Eurazeo Growth Fund III on more than €1.6 billion, surpassing its initial target of €1 billion, according to a recent press release by the firm. Capital raised for Fund III will be used to invest in European companies in the TMT sectors, such as digital health, cybersecurity, infrastructure software and fintech.