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April 1, 2026

Manager decision imminent for EU’s €5bn Scaleup Fund — with fees still to be decided

The EU’s hotly contested search for an investor to manage the fund is in the final stretch


Freya Pratty and Anne Sraders

5 min read

Eurazeo's growth team. Eurazeo is one of five shortlisted firms.

The EU is expected to imminently name the investor chosen to manage its new €5bn Scaleup Europe Fund, with two finalists set to be chosen and the details of the fund’s management fees left to negotiate. 

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Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

Anne Sraders

Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

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