Deals

Ex-Eurazeo CEO Morgon Plans Climate-Focused Private Equity Fund

  • The new firm is targeting a €500 million fundraise in 2025
  • Ardabelle will be focused on sustainable investments
Virginie MorgonPhotographer: Patrick T. Fallon/Bloomberg
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Virginie Morgon, Eurazeo SE’s ex-chief executive officer and one of the most senior women in European private equity, is striking out on her own with a new private equity firm focused on sustainable investments.

Morgon’s Ardabelle Capital plans to raise €500 million ($554 million) next year to launch a investment fund with a climate strategy, she said. It’s looking at doing deals in Europe, US and Canada.