The Story of Eurazeo: From Parisian Conglomerate to Global Private Equity Powerhouse

Eurazeo began life as a traditional Parisian holding company, rooted in old-world wealth and legacy industrial assets. But in the early 2000s, it began transforming into something far more ambitious: a hybrid private equity powerhouse with permanent capital and a mission to scale beyond France.

The true inflection point came in 2018, when Eurazeo acquired Idinvest Partners—one of Europe’s most prolific VC and growth equity firms. Idinvest brought with it a tech-savvy team, a deep bench of early-stage experience, and relationships with LPs across Europe, especially insurers like Allianz and corporates like EDF. The move was more than additive: it catalyzed Eurazeo’s transition into a full-stack platform covering venture, growth, buyouts, private debt, infrastructure, and now secondary strategies.

Today, Eurazeo manages over €35 billion across various strategies. Its LP base is a who’s who of European institutional capital: French insurers (e.g., CNP Assurances), pension funds, family offices, sovereign wealth funds (like Bpifrance), and even corporates. Notably, Eurazeo itself remains a listed vehicle on the Euronext exchange, giving it a rare degree of capital flexibility and permanence in an industry dominated by closed-end fund cycles.

Unlike most firms, Eurazeo has both GP and LP DNA: it co-invests alongside clients, anchors new fund strategies, and participates in third-party fundraising—allowing it to scale beyond its balance sheet. From backing Back Market and Doctolib to acquiring Planet Payment and scaling global infrastructure funds, Eurazeo has built a bridge between French capital and global ambition.

Its dual nature—public company and private equity firm, investor and manager, French-rooted but global in ambition—makes it a uniquely European success story. It’s not just deploying capital; it’s helping shape the very institutions that will power Europe’s next chapter.