CVC Credit Raises Over €10 Billion in Latest Direct Lending Push
CVC Credit manages about €48 billion of assets across its liquid and private credit strategies.
Photographer: Jason Alden/BloombergCVC Capital Partners’s credit unit has amassed a €10.4 billion ($12.2 billion) pool of capital for its latest push into European direct lending, according to a statement seen by Bloomberg News.
The alternative investment manager has rapidly grown its direct lending franchise over the past five years as the private credit market becomes a useful source of funding for buyout firms in the region.