Private markets asset management firm Eurazeo reported record fundraising of €5.5bn (£4.75bn) in 2025, a 28 per cent increase year on year, boosting the company’s growth and fee income.
Assets under management (AUM) at the business increased by 8 per cent to €39bn, while fee-paying AUM was also up 8 per cent to €28bn.
Read more: Eurazeo raises €175m for maritime infra fund
The firm reported management fees of €435m, including +10 per cent for third parties on private markets, with a fee margin of 35.9 per cent, up 40 basis points.
Around €1.5bn of realisations were completed during the year, representing roughly 20 per cent of the balance sheet portfolio, compared to 13 per cent in 2024. The business said these were completed under favorable financial terms. Significant exit volume is expected in 2026.
Read more: Eurazeo raises €480m for private debt continuation fund
Around €1bn has been returned to shareholders over two years, through dividends (€400m) and share buybacks (€600m), representing 12 per cent of shares. The firm expects shareholder distributions of around €400m in 2026.
“The implementation of Eurazeo’s strategic plan over the past two years is delivering tangible results. In 2025, the attractiveness of our platform was reflected in unprecedented fundraising, market share gains and the continued expansion of our institutional and wealth client base, particularly internationally,” said Christophe Bavière and William Kadouch-Chassaing, co-chief executives of the business.
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“Asset rotation by the group outpaced the market, creating financial headroom to reinvest strategically in its franchises and increase shareholder return. In a polarised market, Eurazeo consolidated its position as a leading player in the European mid‑market, supporting its fundraising, asset rotation and value‑creation outlook for 2026.”
The business announced the close of several funds last month, including raising €480m for a private debt continuation vehicle backed by Pantheon and €175m at the first close of its second sustainable maritime infrastructure fund
