Fundraising Fox

CVC Capital Partners

also invests Β· investor profileUnicorn Β· $16B

London, GB Β· 2 known investors

CVC is a private markets investment firm with over 40 years of history and a global network of 30 offices across six continents, managing multiple investment strategies focused on value creation across portfolio companies.

Also known as Citicorp Venture Capital (Europe) Β· CVC Β· CVC Capital Partners plc

Investors Β· 2

Key figures

latest reported
Assets under managementJan 2026212,000,000,000 EUR
Clients / investorsJan 20261,000 clients
Credit platform AUMJan 202652,000,000,000 EUR
EBITDAJan 2023$692M
EmployeesMar 2022850 employees
Exit proceeds realisedJan 202521,900,000,000 EUR
Full-time employeesJan 20251,507 employees
Global officesJan 202630 offices
Infrastructure AUMJan 202625,000,000,000 EUR
IPO valuation rangeApr 2024$16B
Managing PartnersJan 202648 people
Portfolio companiesDec 2021100 companies
Private equity platform AUMJan 2026115,000,000,000 EUR
RevenueJan 20251,853,000,000 EUR
Secondaries AUMJan 202620,000,000,000 EUR
Secured commitments since inceptionJan 2025157,000,000,000 EUR

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 38

launches, deals, and filings
Aug 2026
CVC DIF's Aurora Towers to acquire American Tower's Canadian wireless tower portfolio

source β†—

Aug 2026
CVC and Standard Life announce strategic partnership

source β†—

Aug 2026
OpenRent partners with CVC

OpenRent partnered with CVC to accelerate growth in the UK rental market.

source β†—

Aug 2026
CVC Asia invests in K-beauty distributor Silicon2

source β†—

Aug 2026
CVC DIF to acquire German data centre operator firstcolo

CVC DIF agreed to acquire German data centre operator firstcolo from Cube Infrastructure Managers.

source β†—

Aug 2026
CVC Credit prices Apidos LVIII CLO

CVC Credit priced Apidos LVIII, its fourth new issue CLO globally of 2026.

source β†—

Jul 2026
Alimentation Couche-Tard to acquire controlling stake in Ε»abka Group

Alimentation Couche-Tard announced an agreement to acquire a controlling stake in Ε»abka Group and launched a voluntary tender offer.

source β†—

Jul 2026
CVC Asia VI agrees to invest in PT Mitra Adiperkasa Tbk

source β†—

Jun 2026
Completion of FineToday sale to Bain Capital

Bain Capital completed the acquisition of 100% of the shares of FineToday Holdings from majority shareholder CVC Asia Fund V and other shareholders; the sale had been agreed on 2 February 2026.

source β†—

Aug 2025
CVC joins PAG to partner with Australian Venue Co

source β†—

Jun 2025
Ranked sixth in PEI 300

CVC ranked sixth in Private Equity International's PEI 300 ranking of the world's largest private equity firms.

source β†—

Apr 2025
John Kelleher joins CVC as a Managing Partner

source β†—

Feb 2025
CVC agrees sale of up to 54% stake in Healthcare Global Enterprises

CVC agreed the sale of up to a 54% stake in Healthcare Global Enterprises for up to US$400m.

$400M source β†—

Feb 2025
Torrent Group to acquire majority stake in Gujarat Titans

source β†—

Apr 2024
IPO on Euronext Amsterdam

CVC listed on Euronext Amsterdam. The prospectus, published 22 April 2024, set a price range of EUR 13 to EUR 15 per share, valuing the company at $14bn to $16bn (up to EUR 15bn). Before the IPO CVC paid a $327 million pretax dividend to shareholders.

source β†—

Feb 2024
Donald Mackenzie steps down as co-chair

Cofounder Donald Mackenzie stepped down as co-chair on 13 February 2024, remaining on the board as honorary co-chair in a non-executive capacity.

source β†—

Sep 2023
CVC acquires 60% stake in DIF Capital Partners

CVC bought a 60% stake in Dutch infrastructure investment manager DIF Capital Partners for an undisclosed amount.

source β†—

Jan 2023
CVC raises largest private equity fund ever at EUR 26 billion

In 2023 CVC raised what Wikipedia describes as the largest private equity fund raised globally, at EUR 26 billion.

source β†—

Nov 2021
Blue Owl Capital buys 10% stake in CVC subsidiaries for about $1.1bn

Blue Owl Capital bought a 10% stake in several CVC subsidiaries for about $1.1 billion; at IPO it held an 8% stake and planned to buy roughly $170 million more shares, taking it to 9.1%.

$1.1B source β†—

Jan 2021
CVC acquires online university platform Multiversity

CVC bought the online university platform Multiversity from Italian businessman Danilo Iervolino.

source β†—

Jan 2021
Carve-out of FineToday from Shiseido

CVC Asia Fund V completed the bilateral carve-out of personal care business FineToday Holdings from Shiseido.

source β†—

Jan 2021
LaLiga media rights deal

CVC entered a $2.1 billion deal with Spanish football league LaLiga for an 8.25% share of TV rights over 50 years.

$2.1B source β†—

Feb 2017
CVC acquires Ε»abka Group

source β†—

Sep 2016
CVC agrees sale of Formula One Group control to Liberty Media

CVC agreed to sell control of the Formula One Group to Liberty Media in a deal worth $4.4bn, with Liberty first buying 18.7% of Delta Topco for $746m in cash and, in 2017, paying a further $354m in cash and $3.3bn in newly issued tracking stock. Forbes cites an $8bn enterprise value for the 2016 sale.

$4.4B source β†—

Aug 2016
CVC agrees to buy 15% of PT Siloam International Hospitals

source β†—

Apr 2016
CVC acquires German betting operator Tipico

source β†—

Nov 2015
CVC and CPPIB acquire Petco for about $4.6bn

CVC and the Canada Pension Plan Investment Board acquired US pet supplier Petco for around $4.6 billion.

$4.6B source β†—

Sep 2015
Warsaw office opened

source β†—

Jun 2015
CVC acquires German perfume retailer Douglas AG

CVC acquired Douglas AG from private equity firm Advent International.

source β†—

Mar 2015
CVC acquires 80% of Sky Betting & Gaming

source β†—

Feb 2015
First CVC Growth Partners investment: Wireless Logic

CVC made its first investment from CVC Growth Partners in Wireless Logic, a machine-to-machine managed service provider, acquiring it from ECI Partners.

source β†—

Jan 2015
Dutch competition authority fines CVC over Meneba Beheer price fixing

CVC Capital Partners and Bencis Capital Partners were fined after former portfolio company Meneba Beheer was found to have taken part in price fixing between 2001 and 2007. The regulator ruled the two firms must pay between EUR 450,000 and EUR 1.5 million; Meneba itself was fined EUR 9 million.

source β†—

Jan 2013
Michael Smith retires as chairman; co-chairmen appointed

Smith retired as chairman and Steven Koltes, Donald Mackenzie and Rolly van Rappard were appointed co-chairmen of the group.

source β†—

Jan 2007
US expansion with New York office

CVC opened an office in New York City, headed by Christopher Stadler and overseen by Rolly van Rappard.

source β†—

Mar 2006
CVC acquires majority of Formula One Group

From November 2005 to March 2006 CVC gradually purchased 63.4% of the shares of the Formula One Group. Forbes describes the transaction as a $2 billion leveraged buyout of the Formula 1 racing series in 2006.

$2B source β†—

Jan 2004
CVC and Permira acquire The AA from Centrica

CVC and Permira bought the British motoring association The AA from Centrica; in July 2007 The AA was merged with Saga under Acromas Holdings.

source β†—

Jan 1996
Second fund raised, first fully independent of Citibank

CVC raised a fund with $840 million of capital commitments, its first fully independent of Citibank. Forbes reports the founders raised their first $630 million fund in 1996 while shifting focus to private equity.

$840M source β†—

Jan 1993
Management spin-out from Citibank forms CVC Capital Partners

Michael Smith and senior investment professionals of Citicorp Venture Capital negotiated a spinoff from Citibank to form an independent private equity firm, CVC Capital Partners. Cofounders included Donald Mackenzie, Rolly van Rappard and Steve Koltes.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does CVC Capital Partners do?
CVC is a private markets investment firm with over 40 years of history and a global network of 30 offices across six continents, managing multiple investment strategies focused on value creation across portfolio companies.
Who are CVC Capital Partners's investors?
CVC Capital Partners's investors include BCI, BLN Capital.
Where is CVC Capital Partners headquartered?
CVC Capital Partners is headquartered in London, GB.