In brief: Eurazeo exceeds target for transition infra fund

The firm says it now has €5.3bn-worth of assets under management 'dedicated to impact'.

Last week firm Eurazeo announced its results (press release here), with a number of sustainability-related points:

  • It raised €538 million for its Article 9 transition infrastructure fund, against an initial target of €500 million.
  • The firm raised €3.5 billion in total during 2023, saying it had benefited from “diversification and quality of fundraising as well as its positioning in the impact-driven segment”.
  • Eurazeo said it now had €5.3 billion-worth of assets under management “dedicated to impact”, with these portfolio companies spread across its generalist funds as well as its seven “return first impact funds”.
  • Decarbonisation: 31 percent of Eurazeo’s “eligable” portfolio companies have committed to science-based targets; 7 percent have either had their targets validated or are in the process of doing so, the firm said. It has a target of 25 percent of its portcos to have validated targets by 2025.