PRESS RELEASE
26 December 2022

Arendt Advised CVC Credit With The Final Closing Of Its Third European Direct Lending Fund

AM
Arendt & Medernach

Contributor

About Arendt

Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.

-Legal & Tax
-Regulatory & Consulting
-Investor Services

Legal & Tax

We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.

Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.

The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas

Arendt & Medernach acted as Luxembourg counsel to CVC Credit, the global credit management business of CVC, in connection with the final closing of its third European Direct Lending fund (“EUDL III”).
Luxembourg

CVC HAS RAISED €6.3 BILLION TO DEPLOY ACROSS THE EUROPEAN DIRECT LENDING OPPORTUNITY

Arendt & Medernach acted as Luxembourg counsel to CVC Credit, the global credit management business of CVC, in connection with the final closing of its third European Direct Lending fund ("EUDL III"). CVC has raised €6.3 billion (taken together with parallel investment funds and accounts) to deploy across the European Direct Lending opportunity, representing a significant increase over CVC's prior European Direct Lending fund. The growth of CVC's European Direct lending platform has been underpinned by CVC's deep local relationships across its network of thirteen European offices, and CVC's focus on Europe for over forty years.

Our Arendt experts involved:
- Private Equity & Real Estate: Adrian Aldinger, Partner, Tom Berg, Carlos Rodriguez, Mathieu Sebastiani and Léa Walgraef, Associates
- Tax Law: Jan Neugebauer, Partner, Caroline Partoune, Senior Associate, and Sascha Wiemann, Associate

Contributor

About Arendt

Arendt combines the entire value chain of services dedicated to Asset Managers, Banks, Insurers, Public Institutions and Private Clients operating in Luxembourg.

-Legal & Tax
-Regulatory & Consulting
-Investor Services

Legal & Tax

We assist clients in structuring and running their business from a legal and tax standpoint across Luxembourg. Our teams directly serve international clients or work in close collaboration with foreign partner law firms.

Together with our regulatory consultants and investor services experts, we bridge the gap between legal/tax advice and its implementation. We deliver best-in-class services along our clients’ business life cycles.

The 450 legal experts of Arendt & Medernach have a wealth of experience in a wide variety of specialisations. Together, they are able to advise on a complete range of 15 complementary practice areas

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