Fund: Idinvest Strategic Opportunities

The FCPR Idinvest Strategic Opportunities (ISO) is the first addition to our range Strategic Opportunities, an investment strategy offering diversified access to the capital of unlisted companies, mainly located in Europe, aimed at investors wishing to diversify their assets.

The fund aims to build a diversified portfolio of unlisted European companies in the transfer phase. These are established, profitable companies at the time of investment, held by private equity funds for several years and which can be sold in a relatively short space of time.

This portfolio is built up mainly through 2 types of transaction
secondary :

• The purchase of units in private equity funds whose portfolios have already been built up. In this case, Eurazeo offers a liquidity solution to institutional or private investors who need to exit before the fund matures.

   

• The acquisition of one or more companies from a manager who initiates the transaction (a "GP-led" operation). The FCPR ISO is expected to include at least twenty secondary transactions in order to offer investors exposure to a large number of unlisted European growth companies. 
   

These transactions should make it possible to:

• a shorter asset holding period
• visibility over established portfolios
• immediate diversification across a large number of underlying companies

Eurazeo has been a recognised player in the secondary market for over 20 years. The dedicated investment team, Private Funds Group, is currently made up of 11 experts who have deployed more than €2.8 billion through 75 transactions.

ISO systematically co-invests with our funds dedicated to institutional clients. In this way, it participates in an investment programme of over €1bn, benefiting from the same quality of management and access to transaction sizes usually reserved for institutional investors.

Investors should therefore benefit from :

• Access to an asset class generally reserved for institutional investors
• direct or indirect access to the capital of mainly European SMEs and mid-caps
• A high level of diversification over the long term: investing in secondary equities is a way of
• opportunity for investors looking for diversification and potential long-term performance, while at the same time wishing to give their assets an entrepreneurial dimension, in return for a risk of capital loss in particular.

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 not a guide to future performance.