Assets Under Management (AUM) of Eurazeo increase by 4%, reaching €36.8 billion.
In the first half of 2025, Eurazeo, a leading European investment company, reported a significant increase in assets under management (AUM). The company's AUM rose by 4% to €36.8 billion, with fee-paying AUM increasing by 8% to €27.8 billion and third-party AUM up 10%.
Eurazeo's third-party fundraising remained consistent, staying at €2.1 billion, the same level as H1 2024. The group notably accelerated asset rotation, completing divestments equivalent to 12% of its balance sheet portfolio, up from 9% a year earlier. Despite a net loss of €0.3 billion due to portfolio fair value drops and currency effects, management fees increased by 6%, and asset management contributions grew by 9%, excluding financial expenses.
For the remainder of 2025, Eurazeo plans to maintain its momentum on asset rotations and exits, expecting further transactions in the second half of the year. This activity is part of a strategic roadmap aiming to improve shareholder returns, including accelerating share buybacks, which aligns with their increased balance sheet asset rotation for the second consecutive year.
Meanwhile, Hayfin, another investment firm, entered into a strategic partnership with Mubadala and AXA IM Prime. The partnership is expected to strengthen Hayfin's investment strategies and performance, as reflected in its fundraising activities.
The financial flows from both Eurazeo and Hayfin will allow for continued improvement of shareholder return. Eurazeo's chief executives, Christophe Bavière and William Kadouch-Chassaing, made the statement, expressing their confidence in the group's ability to navigate the more uncertain economic environment.
No concerns about 'retailisation' of evergreen funds or any new information about Aberdeen or a new sub-line fund were mentioned in these announcements. However, several transactions are planned for the second half of the year, and exits are expected to grow this year, suggesting a promising outlook for both Eurazeo and Hayfin.
[1] Source: Eurazeo's H1 2025 results presentation. [3] Source: Eurazeo's press release on H1 2025 results. [5] Source: Eurazeo's Q2 2025 investor call transcript.
Eurazeo's management fees increased by 6%, and asset management contributions grew by 9%, excluding financial expenses, indicating an ongoing focus on investing and generating revenue from its business operations. Hayfin's strategic partnership with Mubadala and AXA IM Prime may improve its investing strategies, potentially boosting its business performance and shareholder return in the near future.