Fund: Eurazeo Principal Investments

The FCPR Eurazeo Principal Investment (EPI) invests in buyouts (80% of its allocation) and a minority in growth equity (20% of its allocation).

This hybrid investment strategy focuses on four deep and growing sectors: (1) technology, (2) healthcare, (3) financial services and (4) consumer goods. It aims to build a portfolio of 25 unlisted companies, mainly European (80%) and established, but will also have exposure to certain US companies (maximum 20%) seeking to expand internationally.

• Capital transmission / Buyout

   

Eurazeo makes equity investments in the small-mid and mid-large buyout segments to support the transformation of high-potential companies and accelerate their international expansion. Working alongside the management teams, we help these companies to strengthen and scale up by activating three main levers: internationalisation, digital transformation and acquisitions.

Our Eurazeo Capital team focuses on the mid-large buyout segment by creating proactive partnerships with successful mid-market companies. These companies benefit from moderate leverage that allows financial flexibility in implementing their strategic initiatives. Our Small-mid Buyout team invests in French SMEs that are market leaders and have differentiating business models.

• Growth capital

Eurazeo focuses on acquiring minority stakes in leading European digital technology companies that are growing fast (between 20% and 50% annual sales growth) and are positioned in deep markets. The long-standing expertise of the Growth team is mobilised to provide managers with 360° support and give substance to their vision.

RISK FACTORS
 

Investors are invited to consider all the risks inherent in investing in units of the Fund, which are detailed in the Fund Regulations. The risks listed below are an extract of the risks mentioned in the regulations:

Risk of capital loss. An investment in the Fund entails a risk of low return or even partial or total loss of the amount invested in the Fund. In addition, as the Fund offers no capital guarantee, the capital invested may not be returned in full.

Risk of illiquidity of the Fund's assets. The Fund will mainly hold securities that are not admitted to trading on a financial instruments market and whose liquidity may be low or non-existent. As a result, and although the Fund's objective will be to organise the disposal of its holdings under the best possible conditions, it cannot be ruled out that the Fund may experience difficulties in disposing of such holdings within the timeframe and at the price level desired or initially envisaged.

Risks inherent in all equity, quasi-equity and mezzanine investments. The purpose of the Fund is to provide companies with immediate or long-term equity financing. As a result, the Fund's performance is directly linked to the performance of the companies in which it invests, which are subject to a number of uncertainties, such as a downturn in the business sector, a recession in the geographical area, substantial changes in the legal and tax environment, unfavourable exchange rate movements, etc.

Past performance is no guarantee of future performance.