CVC Capital Partners has concluded fundraising for the firm’s seventh fund, CVC Capital Partners VII. The fund has garnered approximately $18 billion in capital commitments for private equity investments in Europe and North America.
Fund VII received backing from CVC itself and its employees. CVC’s preceding fund, CVC Capital Partners VI, closed with approximately $14.9 billion in capital. The firm currently manages $38 billion in active private equity funds across all four of its investment strategies, which includes: CVC Capital Partners Asia Pacific, the firm’s Asian private equity platform; CVC Strategic Opportunities Platform, which focuses on stable, long-term investment opportunities; and CVC Growth Partners, which invests in high-growth middle-market companies across the software and technology-enabled business services sectors.