Eurazeo SE (EUZOF) Q2 2026 Earnings Call Transcript

Eurazeo SE (EUZOF) Q2 2026 Earnings Call Transcript

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Eurazeo SE ( EUZOF ) Q2 2026 Earnings Call July 23, 2026 6:30 AM EDT

Company Participants

William Kadouch-Chassaing - Co-CEO & Co-Chairman of Executive Board

Christophe Baviere - Co-CEO & Co-Chairman of Executive Board

Pierre Bernardin - Managing Director & Head of Investor Relations

Conference Call Participants

Nicolas Vaysselier - BNP Paribas, Research Division

Oliver Carruthers - Goldman Sachs Group, Inc., Research Division

Arnaud Palliez - CIC CIB, Research Division

Alexandre Gérard - CIC CIB, Research Division

Julian Dobrovolschi - ODDO BHF Corporate & Markets, Research Division

Presentation Operator

Welcome to the Eurazeo 2026 Half Year Results Presentation. Today's conference will be hosted by William Kadouch-Chassaing, Co-CEO; and Christophe Baviere, Co-CEO.

[Operator Instructions] Now I will hand the conference over to the speaker. Please go ahead.

William Kadouch-Chassaing Co-CEO & Co-Chairman of Executive Board

Thank you very much. Good morning. Thank you for joining this call. Christophe and I are pleased to welcome you to our 2026 half year results presentation. Our presentation will be in 3 parts. First, I will share with you the financial highlights for H1. Second, Christophe will focus on fundraising, commercial dynamics and asset rotation. Third and last, I will detail our financial results. We'll then be available to take questions.

We published a good set of results for the first year -- for the first half of 2026, showing further progress in the execution of our strategic plan. Let me share the key highlights for H1. First, asset management posted another semester of solid growth. Fundraising stands at EUR 2.3 billion with some notable closings in PE and debt, confirming the attractiveness of our franchises to clients. We continue to demonstrate our ability to scale our flagship strategies. Christophe will come back to this in a moment. And as a result, we continue to grow our earnings with management