European private credit capital pools at the top

Rising European private credit capital pools will compress yield spreads on new private credit investments; Eurazeo's net IRR on new commitments will decline by 50-100 basis points within 12 months

European private credit capital pool concentration will benefit mid-market alternative asset managers; Eurazeo's deal flow volume will increase by 20%+ within 6 months of the $4.5B raise

Record capital inflows into European private credit will drive Eurazeo's AUM growth by at least 15% YoY, resulting in increased management fees and improved stock performance by Q2 2025