With €31 billion in assets under management, including €21.5 billion from limited partners and more than 450 portfolio companies invested or funded, Eurazeo is one of Europe’s leading private equity companies. The Group is listed on Euronext Paris and supported by prominent shareholders, including the David-Weill family, the Decaux family and the Richardson family. We have a longstanding presence in France and the rest of Europe and we have global aspirations, having expanded into North America and Asia over the past ten years.
We specialize in three asset classes in which we have developed substantial expertise, helping finance businesses right across the investment spectrum. We invest for both ourselves and institutional clients. We apply our expertise across all expanding sectors, including tech, healthcare and financial services. As a committed investor, we can help companies achieve virtuous and responsible growth.
Eurazeo has offices in Paris, New York, Sao Paulo, Singapore, Shanghai, Seoul, London, Luxembourg, Frankfort, Berlin, Madrid et Milan.
For more information, visit our website: https://www.eurazeo.com/
Team and position overview
Team: Private Funds Group
Position Title: Secondary Transactions – Analyst Intern
Position Location: Paris
Starting Date: July 2022
Length: 6 months
Secondary Private Equity is one of the fastest growing asset classes in private equity with a market volume increasing eight-fold over the past decade. The market provides liquidity to private equity investors, allowing them to sell existing positions in private equity funds. Secondary private equity investors also support managers in restructuring private equity funds, providing liquidity to existing investors and working with general partners to further create value.
Within Eurazeo, the Private Funds Group has been focusing on delivering strong returns to our investors for over 20 years, leveraging on our collaborative approach across our three investment strategies: primary fund investments, co-investments and secondary investments
With over 100 secondary transactions carried out since 2003, the Private Funds Group has established itself as a leading European secondary investor. Eurazeo provides tailor-made investment solutions by (i) acquiring portfolios of private equity interests (LP interests transactions) and (ii) fund restructuring around high-quality assets alongside managers (GP-led transactions).
Within the Private Funds Group, you will be involved in screening, evaluating, and executing secondary transactions as well as monitoring secondary investments. You will gain a broad experience and contribute to every aspect of our investment cycle.
Core Role & Responsibilities
Responsibilities will include:
- Initial deal review and screening of secondary opportunities;
- Business, financial and industry due diligence on private equity funds & companies;
- Financial modelling and valuation analysis;
- Investment memorandum preparation;
- Deal execution support and post-investment transaction monitoring.
This is an excellent opportunity for a motivated individual seeking an exposure to a growing private equity asset class at a European and global scale. The Intern will be fully involved in all aspects of private equity investing as part of a small team and expected to contribute to the team performance.
Key Success Factor
- Previous internship experience in an M&A or financial services related role (Corporate Finance, Private Equity, Transaction Services) is essential;
- Strong analytical, accounting and numerical skills;
- Exceptional interpersonal skills, working in a team under tight deadlines;
- Strong working knowledge of Excel and PowerPoint;
- Fluent written and spoken English is required (other language desirable).