Tuesday, 16 September 2014
Last updated 13 hours ago
Jul 22 2013 | 8:22am ET
European buyout firm CVC Capital Partners has reached its goal of raising €10.5 billion for its flagship fund.
The vehicle—CVC Capital Fund VI—which debuted in January, is the largest launch of a private equity fund by a European firm since 2008. Ninety percent of the capital raised came from investors in previous CVC funds.
Steve Koltes, CVC co-chairman, said, "We are pleased and honored that the investment community has shown so much interest in our latest flagship fund. It is a vote of confidence in Europe and in CVC's deeply-rooted and highly qualified professionals across the region."
CVC—which is the private equity owner of Formula One racing—manages funds on behalf of over 300 investors from North America, Europe, Asia and the Middle East.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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