Euro Private Equity launches Euro-PE France Selection III, a Fund-of-Funds dedicated to supporting French SMEs. Euro-PE France Selection III successfully completed its first closing on December 2016 with € 82.5 million raised, including the strong support of its parent group Natixis, as well as Bpifrance and EIF, two major institutional investors in private equity in Europe that have been working in close partnership with Euro-PE for more than ten years. The Fund targets a final size of € 100 to 120 million by the end of 2017.

Euro-PE France Selection III is the first investment in a Fund-of-Funds completed together by Bpifrance and EIF as part of the Juncker plan. “We are proud to participate in the enhanced cooperation between EIF and Bpifrance, and thus to contribute to the development of the French and European economy and employment, by supporting the growth of small and medium-sized companies” says Benoit de Kerleau, Managing Partner of Euro-PE. This partnership is designed to complement the commitment of private investors to support the financing of such French and European SMEs, including notably Natixis and Natixis Assurances, as well as other French insurance companies, family offices and private individuals.

Euro-PE France Selection III is the successor fund of two similar programs launched and managed by Euro Private Equity in 2007, under the France Investissement program.

The Fund-of-Funds will follow a primary, co-investment and secondary strategy with a multi-stage focus including investments in venture, growth and replacement capital funds and will seek to build an optimized and diversified portfolio. The Fund-of-Funds’ first investments have already been committed to four topquality primary funds.

In line with Euro-PE's strategy and patrimonial approach, emphasis will be placed on the ability of the selected managers to:>
  • create operational value on a recurring basis within the companies they finance;
  • use reasonable financial leverage;
  • take into account criteria for responsible investment in their investment strategy and process.
Benoit de Kerleau concludes: “such transparency and high level standards reflect our willingness to provide access to the best performing private equity funds, while preserving the interests of our clients”.

About Euro Private Equity

Euro Private Equity (« Euro-PE ») is a leading investment solutions provider in private assets with a global reach and a local footprint. It specializes in the selection of the best private equity, mezzanine and infrastructure fund managers.

Euro-PE makes primary and secondary investments as well as co-investments. Euro-PE’s expertise is distinguished by a high flexibility in building customized portfolios that are tailored to the unique needs and constraints of each individual investor whether institutional or private. The firm offers a large range of services from advising on private assets portfolio construction to the management of fully discretionary separate accounts funds of funds. Euro-PE France is approved and licensed by the Autorité des Marchés Financiers of France (AMF), and got the AIFM passport in 2014. Euro-PE S.A. is regulated by FINMA, the Swiss Financial Market Supervisory Authority as authorized Financial Intermediary with regard to anti-money laundering compliance. It is a majority owned subsidiary of Natixis Global Asset Management and works with its sister companies in both New York and Singapore. Euro-PE currently manages €2.4 billion through a portfolio of more than 200 funds.
In France, the Fund is marketed towards qualified investors.

Euro Private Equity France is a portfolio management company, subsidiary of Euro Private Equity S.A., licensed by the AMF, the French Financial Markets Authority (Autorité des Marchés Financiers – registered number GP-07000028).

This communication is for information only and is intended for investment service providers or other Professional Clients. The analyses and opinions referenced herein represent the subjective views of the author as referenced unless stated otherwise and are subject to change. There
can be no assurance that developments will transpire as may be forecasted in this material.