 "Private equity")
Luxembourg-based private equity (PE) company CVC Capital Partners announced the final close of its Strategic Opportunities III fund at €4.61 billion ($4.85 billion).
The fund has maintained the size of its predecessor while expanding its investor base, according to a company press statement, with the latest raise bringing total commitments under the firm’s long-term strategy to over €13 billion across three vintages.
According to CVC Capital, the Strategic Opportunities platform targets stable, high-quality businesses in Europe and North America, focusing on long-term investments beyond the traditional private equity holding period.
The strategy focuses on partnerships with founding families and foundations
