France-based fund manager Eurazeo has announced the final close of its fifth direct lending fund at €1.5 billion.
The fund, Idinvest Private Debt V, beats its initial €1.2 billion target and brings Eurazeo’s private debt programme to a total size of €2 billion.
Eurazeo said the vehicle attracted commitments from its long-standing investors as well as new investors, with more than 70 percent of LPs based outside of France.
