French listed buy-out house Eurazeo has appointed Fabrice de Gaudemar as a member of its executive board, a personnel change that some are saying signals private equity’s generational handover.
De Gaudemar, 35, said to be the youngest board member the firm has put in place, joined Eurazeo in 2000. While at the firm, he participated in venture and growth capital transactions before taking part in the structuring or oversight of investments in Eutelsat, Cegid, Rexel, Europcar, APCOA and Elis. He is a member of car rental company and Eurazeo portfolio investment Europcar Groupe’s board.
Patrick Sayer, president of the executive board, said, “We are delighted that Fabrice joins Eurazeo executive board. I am personally all the more happy since we have been working together mfor more than ten years. During these years, Fabrice has contributed to the development of Eurazeo, with its analytical capacity and sound judgement. In his new role, he will participate actively to the success of Eurazeo, with a strong focus on new paths for growth.”
Eurazeo, listed on the Paris Euronext Eurolist, has a portfolio of nearly €4bn in assets.
Copyright © 2010 AltAssets