CVC Capital Partners fee-paying assets under management rise to 150.7 billion euros
Updated
Updated · The Wall Street Journal · Apr 30
CVC Capital Partners fee-paying assets under management rise to 150.7 billion euros
7 articles · Updated · The Wall Street Journal · Apr 30
The Amsterdam-listed buyout firm said first-quarter gross inflows were 4.2 billion euros, partly offset by 2.4 billion euros in exits.
Non-private-equity strategies including credit, secondaries and infrastructure now account for slightly more than half of client assets, while deployments totalled 3.5 billion euros and realizations reached 5.0 billion euros.
CVC has said this revenue-driving measure should grow more than 10% annually to about 200 billion euros by 2028, excluding Marathon Asset Management, whose acquisition is expected to close in the third quarter.
With its Marathon acquisition, is CVC doubling down on a market facing 'unprecedented fallout'?
As CVC pivots to credit, are its struggling sports assets a red flag for managing diverse investments?