PRESS RELEASE
10 August 2023

CVC Announces Successful Closing Of CVC Capital Partners IX At €26 Billion

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 in the establishment of its ninth Europe/Americas buyout fund, CVC Capital Partners IX (“Fund IX”). CVC announced that the fund closed at €26 billion, exceeding...
Luxembourg

#DEAL #PRIVATEEQUITY #FUND #BUYOUTFUND #INVESTMENTFUND #FUNDMANAGEMENT

Arendt & Medernach acted as Luxembourg counsel to CVC in the establishment of its ninth Europe/Americas buyout fund, CVC Capital Partners IX ("Fund IX"). CVC announced that the fund closed at €26 billion, exceeding its €25 billion target—reported by Private Equity International as the largest-ever buyout fund. Its predecessor, CVC Capital Partners VIII, was raised in 2020 and closed at € 22.3 billion. CVC launched Fund IX in January 2023 and has experienced strong demand from a global blue chip investor base of returning and new institutional investors.

CVC manages more than €140 billion of AUM globally across six complementary investment strategies comprising CVC Europe/Americas, CVC Asia, CVC Strategic Opportunities, CVC Growth, CVC Credit and CVC Secondaries (Glendower).

The Arendt & Medernach team included Adrian Aldinger, Tom Berg, Frances Babbage, Rafael de Vega Pascual and Lucca Bruzzi Porto.

Learn more about our practice areas:
- Private Equity & Real Estate
- Investment Management

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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