Eurazeo: assets under management up 10% y-o-y
(CercleFinance.com) - The investment group Eurazeo has announced assets under management of E34.
8bn at end-March 2023, up 10% over 12 months, including E24.6bn on behalf of third parties (Limited Partners and private clients), up 8%.
Over Q1, it raised E866m from its clients (+42% excluding fundraising by Rhône), while management fees reached E105m, up 28% at constant scope and exchange rates.
Eurazeo has confirmed its outlook and says that, for 2023, it is targeting (and in a normal market environment) further strong growth in fee related earnings, driven by higher management fees and sound cost control.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
8bn at end-March 2023, up 10% over 12 months, including E24.6bn on behalf of third parties (Limited Partners and private clients), up 8%.
Over Q1, it raised E866m from its clients (+42% excluding fundraising by Rhône), while management fees reached E105m, up 28% at constant scope and exchange rates.
Eurazeo has confirmed its outlook and says that, for 2023, it is targeting (and in a normal market environment) further strong growth in fee related earnings, driven by higher management fees and sound cost control.
Copyright (c) 2023 CercleFinance.com. All rights reserved.