Olivier Millet Steps Down Amid Successful Transition at Eurazeo
People | Mar 17, 2025 | Eurazeo
Olivier Millet, a pivotal figure in Eurazeo’s executive leadership, has announced his resignation from the Executive Board as part of a well-orchestrated management transition. He spearheaded Eurazeo’s Small-Mid Buyout investment strategy, significantly leveraging its assets under management and expanding its European influence. Under his stewardship, the fund's assets grew from €1 billion to €2.5 billion, and the strategy transitioned to an asset management model. Millet's departure paves the way for Pierre Meignen to lead Eurazeo's investment activities in mid-caps and SMEs. The Supervisory Board commended Millet's dedication to the healthcare sector and ESG principles. Eurazeo affirmed its strategic roadmap under the guidance of remaining executives. The firm may maintain Millet as a Senior Advisor, leveraging his expertise in private equity.
Sectors
- Private Equity
- Asset Management
- Investment Advisory
Geography
- France – Eurazeo is a leading European private equity firm headquartered in France, and the article discusses transitions within the company.
- Europe – Eurazeo's expansion and influence in the European mid-market are focal points of the article.
Industry
- Private Equity – The article discusses leadership changes within Eurazeo, a private equity firm focusing on mid-cap and SME investments.
- Asset Management – Eurazeo's transition towards an asset management model and increase in assets under management is key.
- Investment Advisory – The discussion on strategic transitions and advisory roles points to activities characteristic of investment advisory sectors.
Financials
- c. €2.5 billion – Increase in assets under management from c. €1 billion in 2017.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Olivier Millet | Outgoing Executive Board Member | People | Former leader of Eurazeo's Small-Mid Buyout (SMBO) investment strategy. |
| Eurazeo | Private Equity Firm | Company | A leading European asset manager transitioning its leadership. |
| Pierre Meignen | Incoming Head of SMBO activity | People | Set to lead the Small-Mid Buyout operations following Olivier Millet's departure. |
| William Kadouch-Chassaing | Co-CEO | People | Co-CEO of Eurazeo. |
| Christophe Bavire | Co-CEO | People | Co-CEO of Eurazeo. |
| Sophie Flak | Managing Partner - Sustainability & Impact | People | Responsible for sustainability and impact at Eurazeo. |