CVC Capital Partners Raises €7.4 Billion in Six Months

Reported about 1 month ago

CVC Capital Partners Plc has successfully raised €7.4 billion ($8.2 billion) in the first six months of the year, marking a significant achievement for the European private equity firm since its initial public offering in April. The firm's revenue grew by 27% year-on-year, with its fee-paying assets under management increasing by 45%, reaching €142 billion. Following its IPO, CVC's shares have risen over 30%, outperforming many peers, amid a busy investment strategy that includes recent acquisitions in Sweden and the UK.

Source: YAHOO

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