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Eurazeo SE — Board/Management Information 2021
Mar 16, 2021
1302_rns_2021-03-16_33258ec7-3420-4922-984d-a0ca3cc8aeb1.pdf
Board/Management Information
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EURAZEO IS STRENGTHENING AND EXPANDING THE COMPANY'S GOVERNANCE TEAM
Christophe Bavière is appointed to Eurazeo's Executive Board Benoist Grossmann, CEO of Idinvest Partners as part of its new governance structure
Paris, 16 March 2021
Eurazeo has strengthened and expanded its governance team to support and accelerate its growth strategy.
On 10 March 2020, upon proposal by Executive Board Chairwoman Virginie Morgon, the Group's Supervisory Board appointed Christophe Bavière as member of Eurazeo's Executive Board for the remainder of his current term of office, i.e. until March 2022.
Christophe Bavière is Senior Managing Partner and Head of Investment Partners at Eurazeo, as well as a co-founder of Idinvest Partners and Chairman of its Executive Board since 2001. He has responsibility for the Group's entire fundraising strategy, including marketing and relationship management with both institutional and individual investors. Under his leadership, the Group had its best-ever year in terms of fundraising in 2020, with leading investors entrusting €2.9 billion to Eurazeo. With more than 30 years of experience in private equity in France and Europe, he will bring his energy, his experience as a successful entrepreneur and leader at Idinvest Partners, and his unique knowledge of the Private Equity and Private Debt markets to Eurazeo's Executive Board.
The Group will also be able to rely on the acknowledged talent and experience of Benoist Grossmann. Another of Idinvest's co-founders, Benoist Grossmann is the architect of its success: in the space of 20 years, Idinvest has become the benchmark for tech investors in France and is a leading player in Europe. Under Benoist's leadership, Idinvest's venture and growth businesses have become European leaders. Idinvest Partners' governance structure is now adjusted and simplified, with the creation of a Board of Directors chaired by Virginie Morgon, and Benoist Grossmann will take the role of CEO.
These appointments follow on naturally from Eurazeo's purchase in November 2020 of the remainder of the Idinvest Partners ordinary shares that it did not previously own. They mark the completion of the project to integrate all of Idinvest's teams within Eurazeo. The group now has a robust organisation that is fully focused on growth and creating value for all of its stakeholders.
Virginie Morgon, Chairwoman of Eurazeo's Executive Board, said:
"We are delighted to welcome Christophe to the Group's Executive Board and to have Benoist as CEO of Idinvest Partners. These appointments recognise their outstanding contribution to the Group since Idinvest became part of Eurazeo in 2018 and reflects our ambition of developing our asset management business after a year of rapid growth in 2020. I am proud that the Group will be able to draw on the experience, talent and entrepreneurial vision of two such well respected professionals. They embody the quality and unique commitment of all our Group's people, who are resolutely focused on growth."
About Eurazeo
- Eurazeo is a leading global investment group, with a diversified portfolio of €21.8 billion in assets under management, including €15.0 billion from third parties, invested in over 450 companies. With its considerable private equity, real estate, infrastructure and private debt expertise, Eurazeo accompanies companies of all sizes, supporting their development through the commitment of its nearly 300 professionals and by offering in-depth 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, Seoul, Shanghai, Singapore, London, Luxembourg, Frankfurt, Berlin and Madrid.
- Eurazeo is listed on Euronext Paris.
- ISIN: FR0000121121 Bloomberg: RF FP Reuters: EURA.PA
EURAZEO CONTACTS PRESS CONTACT
PIERRE BERNARDIN HEAD OF INVESTOR RELATIONS email: [email protected] Tel: +33 (0)1 44 15 16 76
VIRGINIE CHRISTNACHT HEAD OF COMMUNICATIONS mail: [email protected] Tel: +33 (0)1 44 15 76 44
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MAITLAND/amo DAVID STURKEN mail: [email protected] Tel: +44 (0) 7990 595 913