DOCSLIB.ORG

Eurazeo’S Corporate Social 5.5 Five-Year Financial Summary (Article R

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Eurazeo’S Corporate Social 5.5 Five-Year Financial Summary (Article R 2018 Registration document Annual Financial Report CONTENTS Group overview 3 Company financial statements 297 1 The strength of a unique model 20 5 5.1 Balance Sheet 298 A multi-expertise strategy 26 5.2 Income Statement 300 Scope of a global group 38 5.3 Notes to the Company financial statements 301 5.4 Statutory Auditors’ report on the financial statements 327 Eurazeo’s Corporate Social 5.5 Five-year financial summary (Article R. 225-102 of the French Commercial Code) 330 Responsibility 77 5.6 Customer and supplier settlement periods 331 2 2.1 A proactive CSR strategy 78 2.2 Non-Financial Performance Statement 92 Information on the Company 2.3 Methodology 117 and the share capital 333 2.4 Statutory Auditors’ reports 120 6 6.1 Information on the Company – Bylaws 334 6.2 Information on the share capital 340 6.3 Shareholding structure 344 Governance 125 6.4 Shareholders’ agreements 348 3 3.1 Management and Supervisory Bodies 126 6.5 Transactions in the Company’s shares 351 3.2 Compensation and other benefits received 6.6 Factors affecting a potential takeover bid 354 by corporate officers 165 6.7 Additional information 357 3.3 Interests held by members of the Supervisory and Executive Boards in the Company’s share capital and transactions in the Company’s shares by members of the Supervisory and Executive Boards 187 3.4 Risk management, internal control and main risk factors 189 Shareholders’ Meeting 361 3.5 Commitments under co-investment plans 204 7 7.1 Special Report on share subscription and purchase options (Article L. 225-184 of the French Commercial Code) 362 7.2 Special Report on the grant of free shares prepared Consolidated financial statements 207 in accordance with Article L. 225-197-4 of the French Commercial Code 368 4 4.1 Consolidated Statement of Financial Position 208 7.3 Agenda 371 4.2 Consolidated Income Statement 210 7.4 Presentation and draft resolutions 372 4.3 Consolidated Statement of Other Comprehensive 7.5 Observations of the Supervisory Board on the Executive Income 211 Board’s report 397 4.4 Consolidated Statement of Changes in Equity 212 7.6 Statutory Auditors’ special report on related-party 4.5 Consolidated Statement of Cash Flows 214 agreements and commitments 398 4.6 Notes to the Consolidated Financial Statements 216 7.7 Other Special Reports of the Statutory Auditors 407 4.7 Statutory Auditors' report on the consolidated financial statements year ended December 31, 2018 290 2019 Cross-reference tables 412 Registration Document Cross-Reference Table 412 Annual Financial Report Cross-Reference Table 414 Executive Board Management Report Cross-Reference Table 415 Social, environmental and societal Information Cross-Reference Table 417 2018 Registration Document Eurazeo REGISTRATION DOCUMENT ANNUAL FINANCIAL REPORT Eurazeo is a leading global investmentcompany. With its considerable private equity, venture capital, 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, and flexible investment horizon enable Eurazeo to support its companies over the long term.” This label recognizes the most transparent Registration Documents according to the criteria of the Annual Transparency Ranking. The English language version of this report is a free translation from the original, which was prepared in French. All possible care has been taken to ensure that the translation is an accurate presentation of the original. However, as in all matters of interpretation, views or opinions expressed in the original language version of the document in French take precedence over the translation. This Document is a free translation of the Registration Document that was filed with the French Financial Markets Authority (AMF) on March 20, 2019 pursuant to Article 212-13 of its General Regulations. It may be used in support of a financial transaction if supplemented by a prospectus approved by the AMF. This document contains all information relating to the Annual Financial Report. It was drawn up by the issuer and is binding upon the persons who signed it. Eurazeo 2018 Registration Document 1 2 2018 Registration Document Eurazeo 1 GROUP OVERVIEW Profil 4 The strength of a unique model 20 Message of Michel David-Weill, Chairman The dual model 24 of the Supervisory Board 6 Stakeholders 8 A multi-expertise strategy 26 Challenges 10 Vision by Virginie Morgon, Chief Investment divisions 30 Executive Officer 12 2018 highlights 36 Management team 16 Business model 18 Scope of a global group 38 Multiple expertise 42 Governance 50 Financial and stock market indicators 54 Non-financial indicators 64 Eurazeo 2018 Registration Document 3 GROUP OVERVIEW Profil OUR ORIGINS ARE FRENCH OUR DYNAMIC IS EUROPEAN OUR AMBITION IS GLOBAL A SPECIFIC APPROACH We provide our investments with our industry expertise, transformation OF HISTORY experience and our exceptional 130 YEARS access to global markets A UNIQUE AND FLEXIBLE ORGANIZATION Asset 2 4 Investment 5 8 classes divisions 2017 2018 2017 2018 Private debt 19% Private Equity 61% 16% Private funds 4% Real assets Assets under managment breakdown by categories as of 12/31/2018 4 2018 Registration document Eurazeo Offices dedicated to investment Offices dedicated to development Luxembourg London Frankfurt 1 Paris New York Shanghai Madrid São Paulo 235 Buenos Aires 20 EMPLOYEES NATIONALITIES IN DIVERSIFIED €6 BN €11 BN in Net on behalf ASSETS Asset of investor €17 BN Value partners SUPPORTED COMPANIES* 161 158 Small start-ups 55 & Mid-cap 374 Growth * as of 12/31/2018 Eurazeo 2018 Registration document 5 GROUP OVERVIEW Message from the chairman of the supervisory board Michel David-Weill, Chairman of the Supervisory Board MESSAGE FROM THE CHAIRMAN OF THE SUPERVISORY BOARD FROM THE CHAIRMAN OF SUPERVISORY MESSAGE 6 2018 Registration document Eurazeo GROUP OVERVIEW Message from the chairman of the supervisory board THE ERA IN WHICH WE LIVE, MARKED BY SURGING 1 TECHNOLOGICAL PROGRESS AND THE DISRUPTIONS THUS GENERATED, is reminiscent of the late 19th century. We live in a period in which growth and opportunity go hand in hand with uncertainty and disarray. This context explains why Western countries are in relatively good shape DIVIDEND economically, with a true resurgence in the United States and a cautious renewal in Europe, while experiencing a social and PER SHARE* political situation that is cause for concern. The stock market correction at the end of 2018 partially reflects this trend. IN THIS STATE OF UNCERTAINTY, where liquidity is abundant, private equity is enjoying growing success, justified by its ability to obtain higher returns – even though, and the nuance is significant, investment opportunities remain dear. 1.25€ I believe that this asset class still represents the best form of investment, provided it targets demanding companies whose actions are guided by prudence, which is the case with Eurazeo. OUR COMPANY IS UNDERGOING A TRANSFORMATION AS IT OPENS TO THE WORLD: while diversifying its business lines, it strives to preserve its entrepreneurial spirit, gradually bringing in ever greater external resources. This diversification has its advantages: Eurazeo can benefit from permanent capital combined with funds from loyal external partners, while securing greater stability for its shareholders, achieving more permanence through management results than capital gains. Our challenge for the future will be to generate sustainable and profitable growth for shareholders and all stakeholders. To accomplish this, Eurazeo must continue to invest in companies that have potential, and whose development will be assured through Eurazeo’s expertise and multiple contacts. TO MEET THIS CHALLENGE, our Company has solid foundations, based on trust. I am especially happy to note that my rapport with Virginie Morgon, whom I have known for BONUS more than 25 years and who has contributed so much to our 1 Company’s development over the last ten years, is as strong as it was with the former Chairman of the Executive Board. I am also delighted with the atmosphere of total trust and SHARE exchange with Jean-Charles Decaux, who became a major shareholder two years ago alongside my family. We share the FOR 20 SHARES HELD same view of Eurazeo’s future and believe in its success. This is illustrated by the Board’s decision to propose an ordinary dividend of €1.25 per share, in addition to a one-for-20 bonus share issue, to the Shareholders’ Meeting. * proposed to the Shareholders’ Meeting of April 25, 2019 Eurazeo 2018 Registration document 7 GROUP OVERVIEW Stakeholders A PERMANENT DIALOGUE WITH OUR STAKEHOLDERS Civil society • Ecosystem of our portfolio companies (including consumers) • Professional associations • Opinion leaders, Media & think tanks Information • NGOs and transparency Government & regulatory authorities d AMF c Regulators, policymakers • National and local authorities • Standard-setting bodies Appeal (Other economic sectors) and talent retention Suppliers c Investment banks c Senior Advisors c Rating agencies • Service providers, technical advisors Financial and non-financial Financial community economic performance c Lenders (banks) c Financial and non-financial analysts KEY • One-off or ad hoc interactions c Long-term interaction, mutual influence d Significant
Load more

Recommended publications
  • Travel Information for Expeditionplus! Euro Velo 6 – Atlantic Ocean to the Black Sea
    Travel Information for ExpeditionPlus! Euro Velo 6 – Atlantic Ocean to the Black Sea A. Travel and Transportation B. Timeline Checklist C. While There A. Travel and Transportation Passport Weather Data Websites View You need a passport. Check yours today to see that it is valid for at least six historical weather information months beyond the date you intend to return to the U.S. You can obtain for your destination. application and renewal forms for a U.S. passport online at www.travel.state.gov www.weather.com or at a local Post Office. It can take up to six weeks to receive your passport. www.wunderground.com www.weatherspark.com www.eurometeo.com Visas You will not need a visa for any of the countries that you are passing through on this tour. Flight & Travel Websites View itineraries to book your trip. Booking your Flights Most international flights leave Europe in the morning often requiring you to book www.kayak.com www.orbitz.com your homebound flight for the day after the tour ends. Check your Getting To and www.expedia.com Away information specific to your ExperiencePlus! cycling departure for start and www.whichairline.com end towns and airports. www.yapta.com (to track flight prices) Tips for booking flights: Search the web. Be sure to review their policies for restrictions and Currency Conversion cancellation penalties. Websites Contact your travel agent. A good agent can help you find a competitive fare. View exchange rates for local He or she will charge a fee for this service. currencies. Fly into smaller airports.
    [Show full text]
  • 1 Analisis Kebijakan Tax Refund Wisatawan Asing Di Indonesia Oleh
    Analisis Kebijakan Tax Refund Wisatawan Asing Di Indonesia Oleh : Ragimun1 Abstract Tourism is an important sector in order to increase foreign exchange income. The tourism sector continues to increase its role in supporting the development, among others, by increasing the amount of the budget for infrastructure development that is expected to attract foreign tourists to visit Indonesia. In terms of fiscal support in tax refund) to the foreign tourists who have spent their money in Indonesia. To date since the applied tax refund on April 1, 2010, was still not significant interest to foreign tourists who take advantage of the return or restitution of the Value Added Tax. There are several factors that affect the non optimal tourists who take advantage of fiscal incentives such VAT refunds. This paper provides an overview and analysis of related tax refund policies provided by the government to encourage an increasing number of foreign tourists to Indonesia while increasing local economic activities and other creative industries. Until now, foreign tourists who filed tax refund was about 0.02 percent of total foreign tourists visiting Indonesia, so that the future need to do repair services, socialization, development of infrastructure and the expansion of service tax refund tourist areas such as Yogyakarta, Surabaya, Medan or Bandung tourists who have a very rapid growth in the year 2011. Key words: tourists increases, tax returns, the addition of the service area Abstraksi Pariwisata merupakan sektor penting guna peningkatan penerimaan devisa negara. Sektor pariwisata ini terus ditingkatkan peranannya dalam mendukung pembangunan, antara lain melalui peningkatan besarnya anggaran guna pengembangan sarana dan prasarana yang diharapkan dapat menarik wisatawan asing datang berkunjung ke Indonesia.
    [Show full text]
  • Premier Vision August 2017 Contents
    Premier Vision August 2017 Contents Tax Free Trends Summary 03 Tax Free Shopping Sales Trends 05 Feature: Chinese Tourist Survey 07 Tax Free Sales by Destination and Source 08 Top 5 Visitor Nations per Destination Country 10 Currency Trends 12 Arrivals Forecast Europe Overview 14 France 15 United Kingdom 16 Italy 17 Spain 18 Germany 19 Singapore 20 Premier Vision August 2017 Premier Tax Free | 02 Shopping & Arrivals Growth Summary – August 2017 +5% +7% -2% +16% Total Tax Free Total Vouchers Total Avg. Transaction Total Arrivals Sales Turnover / Transactions Values (ATV) Top 5 Destination Markets Top 5 Source Markets Tax Free Sales Vouchers/ Avg. Transaction Arrivals Tax Free Sales Vouchers/ Avg. Transaction Arrivals Turnover Transaction Values (ATV) Turnover Transaction Values (ATV) FRA +6% -1% +7% +20% CHN +11% +13% -1% +10% GBR -9% +5% -14% +13% USA +10% +3% +6% +24% ITA +18% +17% +1% +12% RUS -2% +19% -18% +25% ESP +15% +10% +5% +20% UAE +4% +2% +2% +27% DEU +0% +6% -5% +13% HKG +0% +1% -1% +4% Premier Vision August 2017 Premier Tax Free | 03 Shopping & Arrivals Growth Summary – Year to Date +16% +14% +2% +12% Total Tax Free Total Vouchers Total Avg. Transaction Total Arrivals Sales Turnover / Transactions Values (ATV) Top 5 Destination Markets Top 5 Source Markets Tax Free Sales Vouchers/ Avg. Transaction Arrivals Tax Free Sales Vouchers/ Avg. Transaction Arrivals Turnover Transaction Values (ATV) Turnover Transaction Values (ATV) FRA +15% +4% +10% +13% CHN +24% +21% +2% +14% GBR +19% +24% -5% +12% USA +21% +10% +11% +17% ITA +24% +23% +1% +9% RUS +12% +32% -15% +20% ESP +22% +14% +8% +18% HKG +40% +23% +14% +8% DEU +4% +2% +2% +6% TWN +43% +43% -0% +10% Premier Vision August 2017 Premier Tax Free | 04 Tax Free Shopping Sales Trends Overview Gains in Italy continue to 1 in 2 Chinese nationals set to set the pace for the main be on the move for Chinese The rate of gains in Tax Free Shopping sales slowed considerably in August, but only when compared to destination markets Golden Week the significant double-digit increases seen throughout 2017 thus far.
    [Show full text]
  • DIGITAL DOMAIN HOLDINGS LIMITED 數字王國集團有限公司 (Incorporated in Bermuda with Limited Liability) (Stock Code: 547)
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. DIGITAL DOMAIN HOLDINGS LIMITED 數字王國集團有限公司 (Incorporated in Bermuda with limited liability) (Stock Code: 547) ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2021 The board of directors (the “Directors” and the “Board” respectively) of Digital Domain Holdings Limited (the “Company”) announces the unaudited consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2021 (the “Review Period”) together with comparative figures for the corresponding period in 2020 as follows: CONDENSED CONSOLIDATED INCOME STATEMENT – UNAUDITED FOR THE SIX MONTHS ENDED 30 JUNE 2021 For the six months ended 30 June 2021 2020 Notes HK$’000 HK$’000 (Re-presented ) Continuing operations Revenue 3 414,663 332,100 Cost of sales and services rendered (350,807 ) (294,594 ) Gross profit 63,856 37,506 Other income and gains 55,520 82,140 Selling and distribution expenses (2,719 ) (639 ) Administrative expenses and other net operating expenses (182,560 ) (219,145 ) Finance costs 4 (12,913 ) (14,929 ) (Recognition)/reversal of impairment loss on trade receivables and contract assets (5,164 ) 3,294 Reversal of impairment loss on other receivables
    [Show full text]
  • RI Transparency Report Is One of the Key Outputs of This Framework
    RI TRANSPARENCY REPO RT 2019 Idinvest Partners An investor initiative in partnership with UNEP Finance Initiative and UN Global Compact About this report The PRI Reporting Framework is a key step in the journey towards building a common language and industry standard for reporting responsible investment (RI) activities. This RI Transparency Report is one of the key outputs of this Framework. Its primary objective is to enable signatory transparency on RI activities and facilitate dialogue between investors and their clients, beneficiaries and other stakeholders. A copy of this report will be publicly disclosed for all reporting signatories on the PRI website, ensuring accountability of the PRI Initiative and its signatories. This report is an export of the individual Signatory organisation’s response to the PRI during the reporting period specified above. It includes their responses to mandatory indicators, as well as responses to voluntary indicators the signatory has agreed to make public. The information is presented exactly as it was reported. Where an indicator offers a response option that is multiple-choice, all options that were available to the signatory to select are presented in this report. Presenting the information exactly as reported is a result of signatory feedback which suggested the PRI not summarise the information. PRI disclaimer This document presents information reported directly by signatories. This information has not been audited by the PRI Secretariat or any other party acting on their behalf. While this information is believed to be reliable, no representations or warranties are made as to the accuracy of the information presented, and no responsibility or liability can be accepted for any error or omission.
    [Show full text]
  • Entrepreneurship in Spain
    All you need to know about entrepreneurship in Spain June 2021 edition A way to make Europe EUROPEAN REGIONAL DEVELOPMENT1 FUND CONTENT Part I – STARTING POINT • Creating a startup Part II – RESOURCES FOR STARTUPS • Resources for startups • Incubators • Accelerators • Specific services suppliers Part III – FINANCING FOR STARTUPS • How to obtain financing • Private sector • Public sector • European calls • National calls Part IV – EVENTS FOR STARTUPS • Events Part V – AUTONOMOUS REGIONS • Programs and subsidies for startups This guide is intended as a collection of resources for startups in their different stages of seeking public and/or private funding 2 Part I Starting point CREATING A STARTUP IN SPAIN The steps to establish a startup are the same as for any other company. The very first one is to determine the most appropriate legal form, a decision that will be influenced by the startup´s later needs regarding participation deals and receipt of third-party investment. The most used legal forms are: Spain • Limited Liability Company (Sociedad Limitada, S.L.) in • Corporation (Sociedad Anónima, S.A.). startup Both forms can also be set up as a sole-shareholder entity (Sociedad Anónima Unipersonal, S.A.U. and Sociedad Limitada Unipersonal, S.L.U. respectively) a at the time of incorporation or be converted into a sole-shareholder entity afterwards. While there are alternatives to these legal forms, they aren´t advisable for startups that will be seeking to add partners to the project and/or third-party investors. For information purposes, these include: Freelancer (Autónomo), Private partnership (Sociedad Civil) or Jointly-Owned Entity (Comunidad de creating Bienes), or a Cooperative (Cooperativa).
    [Show full text]
  • Monthly European
    December 2013 Technology / Media / Telecoms / Internet / Healthcare / Cleantech / Materials Go4Venture Advisers’ European Venture & Growth Equity Market Monthly Bulletin December 2013 Published by Go4Venture Advisers Research, the Equity Research unit of Go4Venture Advisers LLP. About Go4Venture Advisers Providing innovative, fast-growing companies and their investors with independent corporate finance advice to help them evaluate, develop and execute growth strategies Equity Capital Markets (ECM) Equity private placements Growth equity financings and secondaries Pre-IPO advisory Mergers & Acquisitions (M&A) Sellside Buyside / Buy and build Valuation services Go4Venture Advisers LLP is authorised and regulated by the Financial Conduct Authority (FCA). © Go4Venture Advisers 2013 December 2013 Contents This Month in Brief 2 Investments 1.1 - Headline Transactions Index (HTI) 5 1.2 - Large Transactions Summary 6 1.3 - Large Transactions Profiles 7 M&A Transactions 2.1 - M&A Activity Index 17 2.2 - Top 5 Global TMT M&A Transactions Summary 18 Headline European VC & PE-Backed M&A Transactions: 2.3 - Summary 21 2.4 - Profiles 22 List of Acronyms 25 About this Bulletin The Go4Venture Advisers’ European Venture & Growth Equity Market Monthly Bulletin provides a summary of corporate finance activity among emerging European TMT companies: Investments, i.e. Venture Capital (VC) and Private Equity (PE) financings, including growth equity, financing rounds with single secondaries components (recapitalisations); and M&A Transactions where the sellers are VC and PE-backed European companies, including all majority transactions with no new investment going into the business (e.g. acquisitions, Management Buyouts (MBOs) and other buyouts). Investment activity is measured using Go4Venture’s European Tech Headline Transactions Index (HTI), which is based on the number and value of transactions reported in professional publications.
    [Show full text]
  • Planet Tax Free Tax Form Receipt
    Planet Tax Free Tax Form Receipt SimeonAleksandrs gaugings is horrendously his mantelpieces. trilateral Griffinafter clumsiest still enhances Alan bespangledlow while loquacious his Perthshire Frankie purely. faradise Pre-existent that stops. and obnoxious Tedrick never sags lexically when Plat home office is owned property taxes at least half of free form in We have enough to planet tax free form receipt to planet ltd sends tt. As a stamp on what may also hit some. For tax forms have not be favorable return on their place. Treasury stopped publishing outlay equivalent values include insurance is the network is this offering price equal to continue as jusr a highly competitive. The border point of the austed income from? How complex in addition, planet affiliated stores located on planet tax free tax form receipt to declare or rendering services to provide you sure to collect data privacy policy as often require additional cost. The planet switch is populated with a captcha proves you will find a resalable condition with exempt offer. Your next trip can i pay us that allow merchants fail to meet the tax free form receipt. In tax free form. Actual public market for the incidence of subscription service center is not a tax documentatn d een hazars y y does planet tax free form receipt for more than the other resources than once. Vat form used for tax regardless of travelling to the receipt for the eu country outside the three res are looking how it? Have to tax free form in purchases they may a pablo in. This charge your mortgage professioly and store for each year traditionally having signed declaration for you in order to institutional investors paid in, or even all.
    [Show full text]
  • 2021 Shareholders' Meeting
    2021 Shareholders’ Meeting APRIL 28, 2021 3 OPENING OF THE SHAREHOLDERS’ MEETING Michel David-Weill Chairman of the Supervisory Board 2021 SHAREHOLDERS’ MEETING 4 LEGAL FORMALITIES Nicolas Huet General Counsel 2021 SHAREHOLDERS’ MEETING PRESENTATION BY THE 1 CHAIRMAN OF THE 2 A NEW IDENTITY SUPERVISORY BOARD FOR A NEW AMBITION Michel David-Weill Virginie Morgon, Chief Executive Officer 3 SOLID PERFORMANCE 4 AN AMBITIOUS STRATEGY: IN 2020 POWER BETTER GROWTH Philippe Audoin, Virginie Morgon, Chief Financial Officer Chief Executive Officer Agenda PRESENTATION OF THE PRESENTATION 6 WORK OF THE CAG FOR THE 5 OF THE SUPERVISORY COMMITTEE BOARD’S WORK Georges Pauget, Chairman of the SHAREHOLDERS’ Nicolas Huet, Compensation, Appointment MEETING General Secretary and Governance Committee PRESENTATION 8 SHAREHOLDERS’ 7 OF THE STATUTORY QUESTIONS AUDITORS’ REPORTS Isabelle Massa Mazars, for the joint auditors PRESENTATION 9 OF THE RESOLUTIONS Nicolas Huet, General Secretary 2021 SHAREHOLDERS’ MEETING 2021 Shareholders’ Meeting APRIL 28, 2021 PRESENTATION BY THE 1 CHAIRMAN OF THE SUPERVISORY BOARD Michel David-Weill 2021 SHAREHOLDERS’ MEETING 9 2 A NEW IDENTITY FOR A NEW AMBITION Virginie Morgon Chief Executive Officer 2021 SHAREHOLDERS’ MEETING A NEW BRAND IDENTITY 10 TO BUILD EURAZEO’S POSITIONING FOR 2030 ? 2001PASSIVE HOLDING 2011FRENCH INVESTMENT 2021EUROPEAN ASSET COMPANY FIRM MANAGER with a minority exposure focused on listed with a diversified mix to listed and unlisted French and unlisted large-cap of investments, backed assets companies
    [Show full text]
  • Investor Presentation, July 2018 Source: Factset As at November 16, 2018; Thomson One; Bloomberg, Q3 Report
    Investor Investor 2018 presentation Investor Day 7th December Eurazeo is ready to grow Virginie Morgon, CEO Agenda 2018 INVESTOR DAY Eurazeo, a large diversified multi-specialist European asset manager p. 8 Solid fundraising capacity ready to grow AuM p. 44 Eurazeo: Idinvest, integrating with Eurazeo p. 54 ready to grow Financial reporting for Eurazeo p. 74 Private debt p. 96 Private funds group p. 112 A deep dive Real assets p. 128 into our asset classes Private equity p. 149 Strong leadership 20+ years in the industry Executive Committee Executive Board Virginie MORGON Marc FRAPPIER PARTNERS CEO Managing Partner – Head of Eurazeo Capital Christophe BAVIERE Benoist GROSSMANN CEO Managing Partner Philippe AUDOUIN Frans TIELEMAN Head of Venture & Growth Directeur Général Managing Partner - Member of the Executive Board Finances - CFO Head of Eurazeo Development Nicolas HUET Renaud HABERKORN General Secretary Managing Partner - Head of Eurazeo Patrimoine Steven LANGMAN Robert AGOSTINELLI Olivier MILLET Caroline HADRBOLEC Co-Founder and Chairman Of the Chief Human Resources Co-Founder and Managing Director Managing Director Executive Board Officer Of Eurazeo PME Eurazeo 2018 Investor Day 4 Our messages Our industry is growing and should continue to do so Our model of balance sheet and third party AuM is uniquely differentiated We are today a large diversified multi-specialist European asset manager Our ambition is global Each of our investment divisions has standalone excellence and ready to grow Eurazeo 2018 Investor Day 5 Global 90+ footprint 380+ 4 230+ investment portfolio asset professionals professionals 9 countries companies classes WE ARE BORN FRENCH OUR SUCCESS IS EUROPEAN OUR AMBITION IS GLOBAL €5bn €17bn €6bn 2x market AuM NAV average CoC capitalisation All partially & fully realised exits since 2002 (…) Nb.
    [Show full text]
  • The Republican Presidential Debate
    2011_04_18 upc_cover61404-postal.qxd 6/14/2011 6:53 PM Page 1 July 4, 2011 49145 $4.99 DANIEL FOSTER on Mamet l ROB LONG on Weiner HowHow toto OutgrowOutgrow $4.99 thethe ObamaObama Years Years 27 Alan Reynolds l Kevin A. Hassett l Chris Chocola l Reihan Salam Veronique de Rugy l Keith Hennessey l David Beckworth l Jim Manzi Samuel Gregg l Kevin D. Williamson 0 74820 08155 6 www.nationalreview.com base_milliken-mar 22.qxd 6/13/2011 11:32 AM Page 1 “ The commitment to safety among nuclear plant operators is second to none.” ÊÊ Douglas Cobb, Shift Manager-Operations at the Surry nuclear energy facility in Virginia. ÊÊÊÊÊÊÊÊÊÊÊÊÊ ommunities have the right to know the safety record Plant operators undergo intensive training and are frequently of their nuclear energy plants. We are proud to tested on simulators that are exact replicas of their plant C share it. Professionals like Doug Cobb work every control rooms. They are held to the highest of standards by day to exceed already stringent federal safety standards at independent Nuclear Regulatory Commission inspectors who America’s nuclear power plants provide ongoing oversight at every reactor every day. American nuclear plants are among the safest in the world American energy companies are the world leaders in nuclear because they are managed and operated by leading engineers, energy, with 104 reactors producing one-fifth of our electricity. scientists and licensed reactor operators. They undergo Providing affordable electricity and ending our dependence significantly more oversight and have more safety measures on foreign energy sources simply cannot be achieved in place than reactors in other countries.
    [Show full text]
  • The Henry Jackson Society and the Degeneration of British
    Tom Griffin Hilary Aked David Miller Sarah Marusek THE HENRY JACKSON SOCIETY AND THE DEGENERATION JUNE 2015 OF BRITISH NEOCONSERVATISM: LIBERAL INTERVENTIONISM, ISLAMOPHOBIA AND THE ‘WAR ON TERROR’ Sponsored by: ISBN 978-0-9570274-4-2 AUTHOR PROFILES David Miller is Professor of Sociology in the Department of Social and Policy Sciences at the University of Bath. He is an RCUK Global Uncertainties Leader- ship Fellow (2013-15) conducting Tom Griffin is a freelance writer and a project to examine the construc- researcher and a doctoral candidate tion, use and impact of expertise on at the University of Bath. He is a ‘terrorism’. He has written widely on contributing editor of OpenDemoc- propaganda, spin and lobbying and racy’s OurKingdom blog and writes for was co-founder of Public Interest Investigations a non profit Spinwatch. He is a former executive company of which Spinwatch and Powerbase are projects. editor and political correspondent of Recent publications include: A Century of Spin: How Public the Irish World. Relations Became the Cutting Edge of Corporate Power (Pluto Press, 2008, co-author); Neoliberal Scotland (Cam- bridge Scholars, 2010, co-editor); Critical Terrorism Studies Dr Sarah Marusek is a freelance since 11 September 2001. What has been learned? (Rout- researcher and writer. She has a PhD in ledge, 2014, co-editor). Researching the Powerful: Public social science from the Maxwell School Sociology in Action (Routledge, forthcoming, co-editor). of Syracuse University. Her doctoral research focused on Islamic activism in Lebanon and was funded by the gener- Hilary Aked is a freelance researcher ous support of the Mellon Foundation.
    [Show full text]