"This investment grade rating reflects the group's financial strength, its credit quality, and the momentum in the execution of its strategic plan," the French investment firm stated.

In its press release, S&P explained that its rating of Eurazeo "is based on the company's low leverage and its financial policy aimed at further reducing debt over the coming years."

For its part, Fitch Ratings indicated that its rating reflects the group's intrinsic credit profile, which incorporates its established and growing alternative investment management franchise, as well as its balance sheet prudence.