Eurazeo Entrepreneurs Club 3

Eurazeo Entrepreneurs Club 3 is a closed-end ELTIF launched by Eurazeo in 2025, domiciled in France and structured as a fonds commun de placement operating under the FCPR regime. The vehicle is aligned with the ELTIF 2.0 framework, which allows pan-European distribution to retail investors subject to suitability assessment, with a minimum subscription of 10,000 EUR in its base currency of EUR. It pursues a growth strategy within private equity, and targets a fund size of ; reported assets stand at as of 31 Aug 2026.

Liquidity mechanics follow a classic drawdown-style private equity profile rather than a semi-liquid one. Capital is committed for the life of the fund through a hard lock-up, with no redemption facility during that period, so investors should expect exits to come from portfolio realisations and the scheduled wind-down rather than from dealing windows. Valuation reporting reflects the fund's lifecycle: NAV is struck monthly during subscription period, quarterly after, giving more frequent marks while the offer is open and a standard private markets cadence thereafter. The fund carries a summary risk indicator of 6, consistent with an equity-risk, illiquid holding, and is classified Article 8 under SFDR.

Within the Novantigo coverage universe of 494 vehicles, it is one of 163 funds in private equity and one of 80 domiciled in France, narrowing to 32 that combine both, a group in which French FCPR wrappers used as retail-accessible ELTIFs are a recognisable sub-segment. Its portfolio geography breaks down as , which can be read against that peer set when assessing regional concentration relative to other growth vehicles in the same cohort.