CVC Capital Partners closes third generation Strategic Opportunities fund at €4.61 billion
Funding | Mar 04, 2025 | CVC Capital Partners
CVC Capital Partners has successfully closed its third-generation Strategic Opportunities fund, raising €4.61 billion. The substantial fund size underscores investor support and a shift toward longer-term private equity investment strategies aimed at consistent, attractive returns. Lorne Somerville and Jan Reinier Vote, Co-Heads of the CVC Strategic Opportunities team, emphasize their long-term value creation approach, leveraging robust operational capabilities to partner with high-quality businesses poised for sustainable growth. Since its inception, the CVC Strategic Opportunities platform has allocated over €7.5 billion towards 18 businesses globally, facilitating strategic development across various sectors and geographies. Notable investments include companies like Asplundh, Sebia, and Hempel, highlighting the fund's diverse investment range.
Sectors
- Private Equity
- Investment Management
Geography
- Global – CVC's Strategic Opportunities fund invests in businesses across various sectors and geographies, including North America, Australia, and New Zealand.
- Europe – The fund is Euro-denominated and CVC Capital Partners is based in Europe.
Industry
- Private Equity – CVC Capital Partners operates within this sector, focusing on acquiring and growing businesses through strategic investments.
- Investment Management – The article focuses on the operations and fund management activities of CVC Capital Partners, which falls under investment management.
Financials
- €4.61 billion – The amount raised by CVC Capital Partners for its third-generation Strategic Opportunities fund.
- Over €7.5 billion – Total capital committed by the Strategic Opportunities platform since inception.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CVC Capital Partners | PE Firm | Company | A leading private equity and investment advisory firm managing over €4.61 billion in its Strategic Opportunities fund. |
| Lorne Somerville | Managing Partner and Co-Head of CVC Strategic Opportunities | Person | Responsible for leading and managing the Strategic Opportunities fund at CVC. |
| Jan Reinier Vote | Managing Partner and Co-Head of CVC Strategic Opportunities | Person | Co-leads the Strategic Opportunities team with a focus on long-term value creation. |
| Asplundh | Portfolio Company | Company | A market leader in vegetation management and services to utilities across North America, Australia, and New Zealand. |
| Sebia | Portfolio Company | Company | A world-leading provider of diagnostic testing equipment. |
| Hempel | Portfolio Company | Company | An international supplier of coating solutions. |