CVC Capital Partners has held the closing of CVC Capital Partners VII (Fund VII), its latest flagship fund for private equity investments in Europe and North America, at its hard cap of EUR15.5 billion.
Together with the commitments of CVC and its employees, Fund VII will have over EUR16 billion of equity capital available to invest.
Steve Koltes, co-chairman of CVC, says: “We are honoured to have received such strong support from our investors across the world. We value greatly their continued trust in our ability to invest their capital well.”
In addition to this flagship fund focused on private equity investments in Europe and North America, CVC operates three other private equity strategies: CVC Capital Partners Asia Pacific, the firm’s Asian private equity platform; CVC Strategic Opportunities Platform, which focusses on stable long term investment opportunities; and CVC Growth Partners, which invests in high-growth, middle-market companies in the software and technology-enabled business services sectors.
Across all four strategies CVC manages EUR34 billion of active private equity funds.
