CVC Secures €4.61 Billion for Strategic Opportunities III Fund

Funding | Mar 04, 2025 | Finance Community IT - 3 Private Equity

CVC Secures €4.61 Billion for Strategic Opportunities III Fund

CVC Capital Partners has successfully closed its Strategic Opportunities III fund with commitments totaling €4.61 billion. This amount is consistent with the size of its predecessor, Strategic Opportunities II, and reflects an increased number of investors participating in the strategy. The CVC Strategic Opportunities platform focuses on high-quality, stable companies with an attractive risk-return profile and a long-term investment horizon, primarily in Europe and North America. This approach allows CVC to amplify value-creation initiatives and collaborate with founder families or foundations seeking capital and operational resources. Lorne Somerville, co-head of CVC Strategic Opportunities, expresses gratitude to investors for their support of this fund, which aims to deliver stable and attractive returns. Jan Reinier Vote, also co-head, highlights their successful track record and the exciting opportunities in their pipeline to support the sustainable growth of high-quality companies, leveraging CVC's strong operational resources. Since its inception, the platform has invested over €7.5 billion in 18 companies across various sectors and geographies. Notable investments include Asplundh, Sebia, and Hempel.

Sectors

  • Private Equity
  • Investment Management

Geography

  • Europe – CVC's Strategic Opportunities fund primarily targets investments in Europe.
  • North America – The fund also focuses on North American markets.

Industry

  • Private Equity – The article discusses CVC Capital Partners' closing of its Strategic Opportunities III fund, which is part of the private equity sector focusing on long-term investments.
  • Investment Management – Relevant due to the fund-raising aspect of CVC, reflecting investment management activities.

Financials

  • €4.61 billion – Total commitments secured for the CVC Strategic Opportunities III fund.
  • €7.5 billion – Total investments by the platform since its inception in 18 companies.

Participants

NameRoleTypeDescription
CVC Capital PartnersPrivate Equity FirmCompanyCVC is a leading global private equity and investment advisory firm.
Lorne SomervilleManaging Partner and Co-Head of CVC Strategic OpportunitiesPersonExpressed gratitude to investors and explained the success and goals of the fund.
Jan Reinier VoteManaging Partner and Co-Head of CVC Strategic OpportunitiesPersonHighlighted the fund's track record and future opportunities.
AsplundhPortfolio CompanyCompanyA leader in vegetation management and other services, part of CVC's investments.
SebiaPortfolio CompanyCompanyWorld leader in diagnostic testing equipment, within CVC's portfolio.
HempelPortfolio CompanyCompanyInternational leader in coating solutions, recently added to CVC's portfolio.