NovantigoEvergreen Funds & ELTIF Database

ELTIF · Private Equity · Domiciled in France

Eurazeo Entrepreneurs Club 2

Managed by Eurazeo, France. Product design, fees, liquidity terms and AuM development, tracked monthly by Novantigo.

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494
Funds tracked
50
Data points per fund
163
Private Equity funds
Monthly
AuM updates

About this fund

Eurazeo Entrepreneurs Club 2 is a growth strategy within private equity, managed by Eurazeo and domiciled in France. The vehicle was launched in 2022 and is structured as an ELTIF under the ELTIF 1.0 regime, authorised locally as a FCPR and denominated in EUR. It is distributed domestically to retail investors from a minimum commitment of 10,000 EUR and is classified as Article 8 under SFDR.

Mechanically, the fund is closed-ended and operates with a hard lock-up before any exit is available; thereafter redemption requests are accepted on a quarterly basis, subject to a notice period of 60 and to the manager's discretion over gating. Valuation follows the subscription cycle, with NAV struck monthly during subscription period, quarterly after, so investors should expect pricing granularity to reduce once the fund closes to new money. Reported assets stood at as of 31 Aug 2026, with a reported trajectory of and portfolio exposure distributed as .

For context, the vehicle is one of 163 private equity funds in a universe of 494 tracked vehicles, one of 80 domiciled in France, and one of 32 that combine both characteristics. Within that group, its retail minimum, lock-up and quarterly liquidity window define where it sits between committed-capital private equity programmes and open-ended evergreen structures.

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AuM history

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Inside every full profile35 locked fields

Fees & costs

  • Entry fee
  • Redemption fee
  • Management fee (retail, low)
  • Management fee (retail, high)
  • Management fee (institutional, low)
  • Management fee (institutional, high)
  • Early-investor fee
  • Fee basis
  • Operating expenses
  • Distribution fee
  • Total cost ratio
  • Performance fee
  • Hurdle rate
  • High-water mark

Portfolio construction

  • Fund-of-funds share
  • Primaries share
  • Secondaries share
  • Directs share
  • Co-investments share
  • Liquidity pocket
  • Europe allocation
  • North America allocation
  • Asia-Pacific allocation
  • Latin America allocation
  • Rest-of-world allocation

Terms & scale

  • Latest AuM
  • Target size
  • Target IRR
  • Life span
  • Redemption gate
  • Lock-up penalty
  • Leverage limit
  • Leverage (AIFMD)
  • Share classes
  • Master-feeder setup

Key facts

Structure

Manager
Eurazeo
Fund type
ELTIF
Legal structure
FCP
Regulatory regime
FCPR
ELTIF version
ELTIF 1.0
Fund structure
Closed-End
Inception
08 Nov 2022
Base currency
EUR

Strategy

Asset class
Private Equity
Strategy
Growth
Geographic focus
Europe

Liquidity

Redemption frequency
Quarterly
Notice period
60 days
Hard lock-up
60 months
NAV frequency
Monthly during subscription period, quarterly after

Access & distribution

Investor type
Retail
Distribution scope
Domestic
Distribution countries
France, Luxembourg
Minimum investment
10,000 EUR
SFDR
Article 8
›Frequently asked questions
Who manages Eurazeo Entrepreneurs Club 2?
Eurazeo Entrepreneurs Club 2 is managed by Eurazeo, headquartered in France.
What is the minimum investment for Eurazeo Entrepreneurs Club 2?
The minimum investment is 10,000 EUR. The binding terms are in the fund documents.
How often can investors redeem?
Redemptions are quarterly, with a notice period of 60 days and a hard lock-up of 60 months.
What is an ELTIF?
A European Long-Term Investment Fund is an EU vehicle that lets non-institutional investors access private market assets under the ELTIF regulation (this fund operates under ELTIF 1.0).

Sourced from prospectuses, KIDs, factsheets and regulatory registers. Data as of 30 Sep 2026.

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