CVC Capital Partners, one of Europe’s largest buyout investment firms, is again looking at a multibillion-euro stock market listing that could happen before the end of this year, according to a report by the Financial Times.
The Luxembourg-based firm, which has around $140bn of assets under management, paused plans for an IPO last year following Russia’s invasion of Ukraine which sent global markets into a tailspin.
The report cites unnamed sources as saying that a recent rebound in markets and the firm’s closing of a record €26bn buyout fund means the company now considers conditions for a listing to be more favourable, although no final decision has been made and the firm may still choose not to follow through on the plan.
CVC, which has 25 offices around the world, was valued at about €15bn when it agreed to sell a minority stake to Blue Owl’s Dyal Capital unit in 2021. The firm has ambitions to expand beyond it traditional leveraged buyout background and has already made moves into private credit, and the secondaries market.
