Eurazeo is nearing a close of its third growth fund with about $1.42bn of capital, but the Paris-based asset manager is already plotting the fund’s successor, according to a person familiar with the situation.

The firm aims to return to the market with its fourth growth fund early next year, the person said, although the person didn’t specify how much the firm plans to target, other than to say it would likely be larger than its predecessor.

With a diversified portfolio of approximately €5 billion in diversified assets and €1 billion in assets under management, Eurazeo is one of the leading listed investment companies in Europe. Its purpose and mission is to identify, accelerate and enhance the transformation potential of the companies in which it invests.

Source: Wall Street Journal

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