Eurazeo

8 statements across 1 episodes · 5 bullish · 0 bearish · 1 people on the record · first statement Jul 19, 2021 by Virginie Morgon · said 51 times in 1 episodes since 2021 · across every show →

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brought up most by Ted Seides (28), Virginie Morgon (23)

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Everything said about Eurazeo, oldest first

Jul 19, 2021 neutral
Disclosure
Eurazeo check sizes range from $10M–$15M in VC to $400M–$500M in buyouts
“The VC team would do checks of 10 to fifteen million. The mid-lounge would do checks of 400 to five hundred million.”
Virginie Morgon Jul 19, 2021 ▶ 28:04 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
Jul 19, 2021 neutral
Disclosure
Morgon: Eurazeo's Shanghai team assists Western companies, avoiding direct Chinese investments
“The team that I have in Shanghai is not an investment team. I do not invest in Chinese companies directly, but a lot of the companies in which we invest through our funds, our investment strategies, we push them and we help them to build their presence in Chin…”
Virginie Morgon Jul 19, 2021 ▶ 42:06 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
Jul 19, 2021 positive
Assertion Partly supported
Morgon: Eurazeo achieved a 5x return on Moncler over nine years
“Montclair is the age of my fourth child. So Montclair is the age of Alice, nine years. I closed down the day after I gave birth, and then we sold the last stake that we had in Montclair. She turned nine. So we've been holding that investment, exiting progressi…”
Virginie Morgon Jul 19, 2021 ▶ 39:32 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
Jul 19, 2021
Disclosure
Morgon: Eurazeo Holds Assets Roughly One Year Longer Than Peers
“Overall, to your question and being honest, we don't hold our assets much more longer than my peers. It's probably a year longer on average, but you would see selling also investment after two years and a half if I have a good reason to do so.”
Virginie Morgon Jul 19, 2021 ▶ 45:36 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
Jul 19, 2021 positive
Assertion Not checkable as stated
Morgon: Eurazeo Grew Small-Cap Strategy 10x with 100% Retention
“Now, you know, we're raising a billion euro funds, AUM probably three. We bought a company which was probably managing two hundred and fifty million. It's 10 times bigger. The team is still there. Retention a hundred percent.”
Virginie Morgon Jul 19, 2021 ▶ 25:14 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
Jul 19, 2021 positive
Disclosure
Morgon: Eurazeo scaled asset management by acquiring existing GPs
“We did that through organic hiring team in dedicated sectors, pool of talents, but also buying existing GPs to accelerate that transformation. Because when you have a balance sheet, Or actually publicly quoted shares as well. I'm a public company. You can buil…”
Virginie Morgon Jul 19, 2021 ▶ 17:59 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
Jul 19, 2021 positive
Assertion Supported
Morgon: Eurazeo balance sheet grew to 8B and manages $30B total
“The balance sheet was probably, you know, about three billion. It's now about eight. And there wasn't any outside capital, maybe five hundred million, maybe six hundred million And now we're managing, including the balance sheet, because I keep saying Eurasio …”
Virginie Morgon Jul 19, 2021 ▶ 17:34 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
Jul 19, 2021 bullish
Assertion Supported
Eurazeo operates one of only two billion-euro EU growth equity funds
“There's only two growth funds in the European Union. I'm leaving the UK aside and there's bigger player there north of a billion, and we are one of the two.”
Virginie Morgon Jul 19, 2021 ▶ 26:54 Private Equity Masters 5: Virginie Morgon – Eurazeo (Capital Allocators, EP. 204)
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