In 2007, Eurazeo created Eurazeo Partners (former Eurazeo Co-Investment Partners), a 500 million euros fund which allows its tier-one partners to participate directly in investment operations alongside Eurazeo. The creation of this fund marks a first step in the development of Eurazeo’s activities in third-party fund management.

This first fund allows Eurazeo to boost its investment capacity by 20%, receive an annual management fee of 2% and ultimately, a share in the capital gains generated by the fund.

Eurazeo Partners uses standard and transparent mechanisms: the fund can participate up to 16.67% (20/120th) in each new Eurazeo Private Equity investment. Depending on the size of transactions, the fund can propose additional direct investment opportunities to its partners.

As of December 31, 2008, Eurazeo Partners had made seven investments. The partners had participated in three investments with its partners, Europcar, Elis and Accor, in the amount of nearly 50 million euros.

Breakdown of investors

Funds: €500 M

Portfolio: €326 M