Eurazeo (Private Debt)
Eurazeo is a Paris-listed European private-markets manager whose Private Debt arm is a multi-billion-euro direct lender to the European mid-market, with a UK fund-management presence in Mayfair.
What they do
Eurazeo SE is a listed pan-European alternative asset manager; its Private Debt platform runs roughly €11bn of assets and arranges senior and subordinated facilities for European SMEs. The direct lending strategy targets companies with enterprise values broadly in the €30m-€300m range, writing facilities that the firm states span from around €5m up to €100m, frequently to support buy-and-build strategies. Its flagship vehicle, Eurazeo Private Debt VII, closed in June 2026 at €3.9bn (€5.5bn including managed accounts and private-wealth capital), explicitly oriented to the European lower mid-market. A separate leveraged-loans strategy participates in syndicated senior financings of roughly €10m-€50m per transaction.
Where they fit in a lower-mid-market raise
For UK borrowers, Eurazeo is a relevant counterparty at the upper end of the mid-market: PE-sponsored or institutionally-backed companies of meaningful scale (enterprise value comfortably into the tens of millions of euros and above) seeking a single-lender or lead-arranged senior/unitranche/subordinated package, often to fund acquisitions. It is well suited to cross-border European platforms and build-up plays where a large, multi-jurisdiction fund adds value.
Where they are not the fit
It is not the natural home for a £3–15m raise by a smaller, often sponsorless UK direct-corporate borrower. Although the stated facility band nominally reaches down to roughly £4m-equivalent, the ~€30m enterprise-value floor and PE-sponsor orientation place Eurazeo's true centre of gravity well above the £3–15m lower-mid-market range; a sub-£15m corporate without a sponsor is below where this platform deploys efficiently and would likely face a poor effort-to-quantum fit.
Published terms
- Pricing
- Not published
- Speed to terms
- Not published
- Leverage
- Total to 4.9x
- Sponsored or sponsorless
- Both - sponsor-led core but lower-mid-market mandate (development/refinancing use-cases) supports corporate/sponsorless; corporate appetite qualified
- Where they lend
- Pan-European; four offices (Paris, London, Frankfurt, Madrid); UK from London
- How they decide
- Internal an investment committee; bilateral lead/arrange, local-office origination
- Security
- A debenture over the company
- Covenants
- Maintenance covenants, tested every period
As published by the lender and last reviewed July 2026. Terms quoted on a deal are set by the credit, not by a published band.
What rules a deal out
Stated limits, taken from Eurazeo (Private Debt)’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- Sub-€5m facilities (floor)
- First-time searcher/ETA (likely)
- No appetite in adult, crypto, gambling or weapons
How they sit against the category
- Its published ceiling of £85m is among the 6 highest of the 46 private-credit funds here.
- Like 31 of the 46, it publishes no indicative price — a margin comes from a conversation, not a page.
Counted across the 46 private-credit & direct-lending funds in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does Eurazeo (Private Debt) write?
Published facilities run £4.2m to £85m. Published leverage runs total to 4.9x. A band is what a lender states it will do, not what it will do on a given credit.
What security does Eurazeo (Private Debt) take?
On the published terms, a debenture over the company. What a lender takes on a given facility is set in the documents, not by a published stance.
Does Eurazeo (Private Debt) lend to companies without a private-equity sponsor?
Yes. Eurazeo (Private Debt) lends to owner-managed and sponsor-backed borrowers alike, so a company with no private-equity backer is not out of scope on that ground.
Where does Eurazeo (Private Debt) lend?
Pan-European; four offices (Paris, London, Frankfurt, Madrid); UK from London.
What covenants does Eurazeo (Private Debt) set?
Maintenance covenants, tested every period. A covenant package is negotiated on the facility; the published style is where the negotiation starts.
On the record
Eurazeo's Private Debt platform manages around €11bn of assets, representing roughly 29% of group AUM.
Eurazeo Private Debt VII closed in June 2026 at €3.9bn (€5.5bn including SMAs and private-wealth capital), focused on the European lower mid-market and ~65% deployed at close across 70+ companies.
Eurazeo's direct lending targets European SMEs valued between €30m and €300m, arranging senior or subordinated debt of roughly €5m to €100m and supporting build-up strategies.
Eurazeo's leveraged-loans strategy participates in senior funding transactions for medium-sized companies, investing roughly €10m to €50m per transaction.
Eurazeo UK Limited (company no. 13052186) is an active private limited company incorporated 30 November 2020, registered at 2nd Floor, 10 Stratton Street, Mayfair, London W1J 8LG, with SIC code 66300 (fund management activities).
Eurazeo Private Debt VII raised more than 60% of commitments from international investors, including North America and Asia, and builds on EPD VI which closed at €2.3bn in 2023.
Sources: eurazeo.com · en.newsroom.eurazeo.com
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.