{"id":13462,"date":"2023-03-15T14:03:18","date_gmt":"2023-03-15T13:03:18","guid":{"rendered":"https:\/\/elyan.com\/2023\/03\/15\/edmond-de-rothschild-private-equitys-4th-vintage-exceeds-e500m\/"},"modified":"2023-03-15T14:03:18","modified_gmt":"2023-03-15T13:03:18","slug":"edmond-de-rothschild-private-equitys-4th-vintage-exceeds-e500m","status":"publish","type":"post","link":"https:\/\/elyan.com\/fr\/2023\/03\/15\/edmond-de-rothschild-private-equitys-4th-vintage-exceeds-e500m\/","title":{"rendered":"Edmond de Rothschild private equity\u2019s 4th Vintage exceeds \u20ac500m"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"13462\" class=\"elementor elementor-13462 elementor-12494\" data-elementor-post-type=\"post\">\n\t\t\t\t<div class=\"elementor-element elementor-element-12ecb8c e-flex e-con-boxed rt-parallax-bg-no e-con e-parent\" data-id=\"12ecb8c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-59d816e elementor-invisible elementor-widget elementor-widget-rt-button\" data-id=\"59d816e\" data-element_type=\"widget\" data-widget_type=\"rt-button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\r\n<div class=\"rt-button wow-off fadeInUp\" data-wow-delay=\"200ms\" data-wow-duration=\"1200ms\">\r\n\t        <a class=\"btn button-1 \" href=\"https:\/\/capitalfinance.lesechos.fr\/fonds\/actus-des-fonds-vehicules\/eres-iv-boucle-sa-collecte-avec-plus-de-500-m-1916163\" aria-label=\"button link\">\r\n\t\t\tRead article (french)<i class=\"icon-rt-right-arrow\"><\/i>        <\/a>\r\n\t<\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d6a346f elementor-widget elementor-widget-text-editor\" data-id=\"d6a346f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<h3><span style=\"color: #ff415a;\"><span style=\"font-weight: 400;\">Eres IV will invest as a majority or minority shareholder in medium-sized European and American companies.<\/span><\/span><\/h3><p>Final milestone for Eres IV. Two years after a first closing at \u20ac300m, the fourth vintage of Edmond de Rothschild Private Equity \u2014 managed by Elyan Partners, its exclusive financial advisor \u2014 has closed its fundraising at \u20ac512m. It has therefore exceeded both its target of \u20ac450m and the \u20ac300m raised by its predecessor, ERES III.<\/p><p>This strong investor appetite is explained by the fund manager\u2019s traditional positioning.<\/p><p><b>Jean-Fran\u00e7ois F\u00e9lix<\/b>, Managing Partner at Elyan, says:<\/p><blockquote><p><i>\u201cWe benefit from a very strong track record, combining attractive returns with more measured risk,\u201d \u201cOur transactions use half as much leverage as the market average, and we aim for performance between 15% and 18%.\u201d<\/i><\/p><\/blockquote><h4><b>\u00a0<\/b><\/h4><h4><b>Company Valuations Between \u20ac75m and \u20ac2bn<\/b><\/h4><p>In terms of strategy, the fourth vehicle remains aligned with the fundamentals of Eres III. The fund seeks to invest in primary transactions in the European and North American mid-cap segment, focusing on biotech services, service digitalisation, and new consumption patterns.<\/p><blockquote><p><i>\u201cWe are traditionally a minority investor, but we are also comfortable with majority deals,\u201d<\/i> adds <b>Jean-Fran\u00e7ois F\u00e9lix<\/b>.<\/p><\/blockquote><p>Target companies will have <b>revenues between \u20ac75m and \u20ac2bn<\/b>. The fund has already begun deploying capital, having completed <b>four acquisitions.<\/b> In addition to its US investments \u2014 Envoy Global, Freightwise, and Hungerrush \u2014 Eres IV has notably contributed to the <b>spin-off of Oncodesign\u2019s CRO division. <\/b>The sponsor secured a <b>61.58% stake<\/b> in Oncodesign Services, valued at nearly \u20ac100m in total.<\/p><p>Over a five-year horizon, the fund aims to hold around <b>15 portfolio companies<\/b>, of which <b>60% are expected to be European<\/b>. A fifth investment in Germany is currently being finalized, with closing planned during the second quarter.<\/p><p>To support this scaling-up, Elyan Partners has added <b>five new team members<\/b>, bringing its headcount to 12, and plans to continue expanding its team in the coming months.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Edmond de Rothschild Private Equity\u2019s 4th Vintage Exceeds \u20ac500m<\/p>\n","protected":false},"author":1,"featured_media":12478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[151],"tags":[139],"class_list":["post-13462","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-presse","tag-eres-iv-2"],"acf":[],"_links":{"self":[{"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/posts\/13462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/comments?post=13462"}],"version-history":[{"count":0,"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/posts\/13462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/media\/12478"}],"wp:attachment":[{"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/media?parent=13462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/categories?post=13462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elyan.com\/fr\/wp-json\/wp\/v2\/tags?post=13462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}