CVC Capital Partners SA
French private equity and investment advisory business CVC Capital Partners has offices in Luxembourg and manages assets of roughly US$133 billion and €157 billion across American, European, and Asian private equity, secondary, and credit funds. CVC Capital Partners ranks 4th on the list of the best private equity firms based on revenue.
By the end of the year 2021, CVC-managed or advised funds were invested in more than 100 businesses throughout the globe that employed over 450,000 people in various nations. CVC was established in 1981, and as of March 31, 2022, it employed over 650 people across its network of 25 offices in the Americas, Asia, and EMEA.
By the beginning of the 1990s, managing directors Steven Koltes, Hardy McLain, Donald Mackenzie, Iain Parham, and Rolly Van Rappard were running Citicorp Venture Capital in Europe alongside Michael Smith, who had joined the company in 1982.
To create an independent private equity company, CVC Capital Partners, Smith, and the senior investment professionals of Citicorp Venture Capital arranged a spinout from Citibank in 1993. One of the biggest and most well-known private equity firms in Europe by the year 2000 was CVC.
Just ahead of funds raised by other top companies, Apax Partners and BC Partners, CVC completed fundraising for its third investment fund in 2001, making it the largest private equity fund ever raised in Europe. At the same time, CVC began its expansion into Asia with a $750 million fund that made only investments in Asian businesses.
Founders: Steve Koltes, Donald Mackenzie, Rolly van Rappard
Headquarters: Luxembourg, French
Website: https://www.cvc.com/