EURAZEO (EPA:RF) - EURAZEO SELLS ITS STAKE IN CAPZANINE TO AXA SA

Transparency directive : regulatory news

24/01/2019 08:00

PRESS RELEASE

             EURAZEO SELLS ITS STAKE IN CAPZANINE TO AXA SA

Paris, January 24, 2019 - Eurazeo has announced the sale to AXA of its 22%
stake in Capzanine, an independent European management company specializing in
private investment.

Since entering Capzanine's share capital in October 2015, Eurazeo and AXA have
helped Capzanine accelerate its growth in the debt and equity sectors and
develop international partnerships.

During this period, Capzanine has significantly expanded its business,
increasing assets under management from EUR1.1 billion to EUR2.5 billion.

This transaction is accompanied by the assumption by AXA and other investors of
all Eurazeo commitments in funds managed by Capzanine, excluding an EUR8
million commitment in Capzanine Situations Spéciales.

The transaction amount is approximately EUR82 million. This includes shares in
the management company on which Eurazeo realizes a multiple of just over 3x the
initial investment and fund shares recently subscribed by Eurazeo.

                                  **

About Eurazeo

Eurazeo is a leading global investment company, with a diversified portfolio of
EUR17 billion in assets under management, including nearly EUR11 billion from
third parties, invested in over 300 companies. With its considerable private
equity, venture capital, real estate, private debt and fund of funds expertise,
Eurazeo accompanies companies of all sizes, supporting their development
through the commitment of its 225 professionals and by offering deep sector
expertise, a gateway to global markets, and a responsible and stable foothold
for transformational growth. Its solid institutional and family shareholder
base, robust financial structure free of structural debt, and flexible
investment horizon enable Eurazeo to support its companies over the long term.
Eurazeo has offices in Paris, New York, Sao Paulo, Buenos Aires, Shanghai,
London, Luxembourg and Madrid.

o Eurazeo is listed on Euronext Paris.
o ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA

EURAZEO CONTACTS

CAROLINE COHEN
Head of Investor Relations
email: ccohen@eurazeo.com
Tel: +33 (0)1 44 15 16 76

VIRGINIE CHRISTNACHT
Head of Communications
email: vchristnacht@eurazeo.com
Tel: +33 1 44 15 76 44

PRESS CONTACT

MAITLAND AMO
DAVID STÜRKEN
email: dsturken@maitland.co.uk
Tel: +44 (0) 7990 595 913

  For more information, please visit the Group's website: www.eurazeo.com
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22/04/2024 17:35

EURAZEO (EPA:RF) - EURAZEO SELLS ITS STAKE IN CAPZANINE TO AXA SA

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