Private equity firm CVC Capital Partners reported fee-paying assets under management of €148bn ($176bn) for 2025, narrowly beating market consensus of €146bn, with growth was by strong performance in its credit, secondaries, and infrastructure divisions, according to a report by Reuters.
Annual realisations—the cash generated from successful disposals—totalled €21.9bn, ahead of prior guidance and reinforcing the firm’s confidence in future fundraising, including for Fund X. CVC expects upcoming major fundraises over the next two years to drive further growth, drawing on commitments from institutional investors such as pension funds, sovereign wealth funds, and other financial institutions.
CEO Rob Lucas said 2025’s record realisations at attractive returns underpin the firm’s outlook, positioning CVC for continued expansion across its diversified private equity platform.
