Eurazeo announced the final close of its fifth-generation secondaries programme, raising €2.3bn, comfortably surpassing its €2bn target. A global investor mix—sovereign wealth funds, pension funds, financial institutions, family offices, and private wealth clients—backed the deal.

The firm now operates a dedicated secondaries team of more than 30 professionals. The group focuses on GP‑led opportunities and traditional LP secondaries, with a specific lens on European mid‑market buyouts. Managing Partner Christophe Simon said the close marks a milestone for Eurazeo’s expanding secondaries platform.

Deployment is already halfway complete, with roughly 50% invested across 22 secondary transactions. Partner Amine Rais highlighted that market volatility has spurred a record flow of opportunities, reinforcing the firm’s disciplined European focus.

Secondaries assets under management now exceed €6.4bn, representing about 17% of Eurazeo’s €39bn total. The growth strengthens the firm’s position as a direct mid‑market investor and signals a shift toward more flexible, secondary‑led deals amid a volatile environment.