CVC Capital Partners Closes $10B Sixth Global Secondaries Fund
CVC Capital Partners closed its sixth global secondaries fund at $10 billion, its largest such fund to date, nearly doubling the size of the prior $5.8 billion vehicle. The strategy is drawing capital amid tighter liquidity, with secondaries fundraising reaching $140 billion globally last year. CVC also reported a $1.1 billion secondary purchase from M&G and a $1.5 billion AIG-seeded evergreen platform.