EURAZEO, THE FIRST INVESTMENT COMPANY WITH A DIGITAL COMMITTEE
Paris, September 24, 2019 - Digital is at the heart of Eurazeo's acceleration
The Group has invested heavily in this strategic sector. In particular,
- was the first investment company to recruit a Chief Digital Officer in 2015,
and to develop a "start-up studio" with a method and network of referenced
partners to assist its portfolio companies achieve their digital
- launched a collaborative innovation program to exploit the full potential of
data and artificial intelligence across all investment cycle stages.
Eurazeo also benefits from the Idinvest ecosystem. Idinvest is a major French
Tech player, which, for more than 20 years, has supported the majority of
French start-ups, enabling them to benefit from the best experts and solutions
on the market. The Eurazeo Group also supports over half the companies on the
NEXT40, a new index comprising the 40 most promising French start-ups.
More than ever, Eurazeo is convinced of the need to be a digital pioneer. It
has decided to create a Digital Committee within the Supervisory Board and will
be finalizing its members in the near future.
This Committee will be charged with:
- discussing the Group's digital strategy with management;
- accelerating the integration of digital into the Group's operating activities
to lever growth;
- overseeing and analyzing the digital environment (competitors, risks and
opportunities, technological innovations);
- assessing cyber risks and the relevance of measures implemented, in
conjunction with the Audit Committee.
Virginie Morgon, CEO of Eurazeo, said: "I'm very proud of this new example of
Eurazeo's innovation. With the creation of a Digital Committee, this challenge
is now a focus of our highest level of governance. The Digital Committee will
meet twice a year to review progress with transformation and the search for
excellence in Eurazeo's operations, from due diligence to investment. It will
also assess transformation and disruption projects within our portfolio
companies, as well as investments performed by our Idinvest Venture and Eurazeo
Eurazeo is a leading global investment company, with a diversified portfolio of
EUR17.7 billion in assets under management, including nearly EUR12 billion from
third parties, invested in close to 400 companies. With its considerable
private equity, real estate, private debt and fund of funds expertise, Eurazeo
accompanies companies of all sizes, supporting their development through the
commitment of its 235 professionals and by offering deep sector expertise, a
gateway to global markets, and a responsible and stable foothold for
transformational growth. Its solid institutional and family shareholder base,
robust financial structure free of structural debt, and flexible investment
horizon enable Eurazeo to support its companies over the long term.
* Eurazeo has offices in Paris, New York, Sao Paulo, Shanghai, Seoul, London,
Luxembourg, Frankfurt and Madrid
* Eurazeo is listed on Euronext Paris.
* ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA
Head of Investor Relations
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HEAD OF COMMUNICATIONS
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