Global private equity firm Β· Luxembourg / London

CVC Capital Partners

About

CVC Capital Partners is a global private equity firm managing buyout, credit, and secondary strategies across multiple regions.

APAC secondaries activity

CVC is among the reported bidders for a stake of up to 50% in Vietnam's MoMo, alongside Blackstone and MUFG β€” one of the largest processes tracked on this site.

See the MoMo deal →

What a transaction here looks like

A global private equity firm participates in the secondary market from both directions: as a seller when it uses continuation vehicles to hold assets past a fund's life, and as a buyer through a dedicated secondaries strategy where it operates one. In Asia the firm has a long-established regional presence, which matters because pricing a stake in a regional fund requires knowing the managers and the assets behind it.

Who sits on the other side

Its counterparties are institutional investors in private equity funds and other managers running GP-led processes. For a reader, the useful distinction is between a firm's buyout activity β€” buying companies β€” and its secondaries activity, which buys claims on companies other managers already own.

Frequently asked questions

What is the difference between a buyout fund and a secondaries fund at the same firm?
The buyout fund buys and controls companies. The secondaries strategy buys existing positions in funds or backs continuation vehicles, taking on assets that are already owned and already partly de-risked. Different teams, different underwriting, different return profile.
Why would a private equity firm sell into a continuation vehicle it also manages?
To keep an asset it believes has further to run while giving its investors, whose fund is reaching the end of its life, the option of cash. The structural conflict is real, which is why independent valuation and a genuine choice for existing investors are the tests that matter.
Is CVC Capital Partners affiliated with this website?
No. This profile is independent editorial coverage based on publicly reported deal activity, not sponsored or affiliated content.