CVC's Assets Surge 50% to €200bn as Private Markets Giant Accelerates Growth

What's New According to CVC's Full-Year Activity Update, the private markets firm achieved record growth in 2024, with fee-paying assets under management (FPAUM) jumping 50% to €147.3bn, while total AUM reached €200bn by year-end.

Why It Matters The substantial growth validates CVC's successful IPO strategy and signals strengthening investor confidence in private markets despite broader economic uncertainties.

Big Picture Drivers

• Deployment: Investment activity surged 71% year-over-year, reaching €25.6bn in 2024

• Diversification: Acquisition of CVC DIF and final stake in CVC Secondary Partners expanded platform capabilities

• Private Wealth: Launch of CVC-PE alongside CVC-CRED marks strategic push into retail investor market

• Performance: Portfolio companies demonstrated resilience with 12% value creation across PE and Infrastructure

• Exits: Realization volumes more than doubled (+114%) despite cautious market conditions

By The Numbers

• €16bn capital raised in FY 2024

• 4.0x Gross MOIC on realized investments

• 30% Gross IRR across portfolio

• 25 CLO issuances across Europe and U.S.

• 10% EBITDA growth across Private Equity portfolio

Key Trends to Watch

• CVC's accelerating private wealth platform expansion could reshape retail access to alternative investments.

• Infrastructure fundraising for DIF VIII & Value Add IV targets €8bn in combined commitments.

• EUDL IV is securing over €7.6bn versus €6bn target, indicating strong credit market appetite.

• Strategic push into index inclusion (MSCI World, FTSE Global) may boost institutional demand.

The Wrap CVC's transformative year demonstrates the firm's evolution from traditional private equity player to diversified alternative asset manager, with multiple growth engines across strategies and distribution channels.