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CVC Capital Partners

CVC

Rob Lucas, Managing Partner & CEO

Overview

AUM$185B
AUM Date2025
Funds30
Bankruptcies5

Stock Performance

TickerCVC
YTD Change0%

Notable Funds

Fund IX ($26B)CVC Strategic Opportunities III ($7B)

Description

IPO'd on Amsterdam Euronext in April 2024 at ~$15/share — first major PE IPO in Europe. $185B AUM across buyouts, secondaries, credit, infra. Co-owned Formula 1 (sold to Liberty Media for $4.4B — massive win). Portfolio: Unilever tea (Ekaterra), Tipico, Breitling. Fund IX ($26B) is one of Europe's largest. Strong DPI historically but 2021-2022 vintage markdowns.

Related Deals (5)

CompanySectorYearMultipleLeverageStatus
Petco Health & WellnessRetail20169x6xactive
BJ's Wholesale Club (Dividend Recap)Retail20117x5xexited
Ahlsell (Swedish industrial distribution)Industrial / Distribution201210x5xexited
Samsonite InternationalConsumer / Travel (Global)20077x5xexited
Petco (additional context — serial PE)Retail20068x6xexited

Hot Potato Deals

Petco

$600M → $1B → $1.8B → $4.6B. Four ownership cycles. Three IPOs. Each time more debt.

Trading well below IPO levels. Same business, exponentially more leverage.