Eurazeo raises 300 million euros for planetary boundaries fund

Eurazeo SE

03/03/2025 16:45

Buyout first close is 40% of target 750 million euros

Makes first investment, in Bioline AgroSciences

Demand from range of institutions, managing partner says

By Simon Jessop

LONDON, March 3 (Reuters) - French private equity investor Eurazeo EURA.PA said it has raised an initial 300 million euros ($314.64 million) for a fund investing in line with the planet's ecological limits and made its first investment in an agricultural pest-control firm.

The money raised at the first close of the Eurazeo Planetary Boundaries Fund, 10 months after its marketing launch, is 40% of the target amount of 750 million euros, Managing Partner Sophie Flak told Reuters.

The demand came from a range of institutional investors, including insurance companies, asset managers and family offices.

 (Reporting by Simon Jessop
Editing by Tomasz Janowski)

 ((simon.jessop@thomsonreuters.com; +44 (0) 207 542 5052; Reuters Messaging: Reuters Messaging: simon.jessop.thomsonreuters.com@reuters.net))