Fund: Idinvest Entrepreneurs Club

The aim of the Idinvest Entrepreneurs Club (IEC) Fund is to invest in the capital of fast-growing leaders in European digital technology who are looking to accelerate their expansion.

The companies selected by Eurazeo are among the champions of the European market. They have an experienced management team and have already developed disruptive and recognised products or services that have been adopted by consumers. These companies have already reached a significant size (enterprise value in excess of €100m), need significant financing and high-quality support.

This venture capital fund is tax-eligible under the 150-0 b Ter mechanism of the General Tax Code.

Eurazeo has been a recognized player in the growth capital market for nearly 20 years. Eurazeo's investment teams select only the most promising assets on the European market with a selectivity rate of 1.5 to 3% (+200 opportunities for 3-6 signatures per year). Having invested in nearly 300 companies, Eurazeo has proven its ability to develop the European entrepreneurial ecosystem.

Thanks to a dedicated investment team of 22 experts and a pan-European presence, Eurazeo is now one of the main shareholders in 11 of the 24 French unicorns (tech companies valued at over €1 billion) and 25 "Next 40" companies.

Eurazeo accelerates the growth of companies in targeted tech sectors (digital solutions, SaaS, marketplaces, B2B and B2C). To this end, we support entrepreneurs in their external growth operations, helping them to structure themselves, recruit the best talent and penetrate new markets.

Since 2019, the first Entrepreneurs Club fund has invested in 26 companies, including the well-known Doctolib, ManoMano, BackMarket and Vestiaire Collective.

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.

Taxation. Tax treatment depends on the individual situation of each investor, and the arrangements presented are subject to change at a later date. Investors should consult their own advisers before investing.

The asset management company may decide that it is in the best interests of investors to extend the life of the fund beyond the planned date.

Past performance is no guarantee of future performance.