CVC Capital's fee-paying assets rise to $176 billion (updated)

CVC Capital Partners

30/04/2026 07:40

Adds details in paragraphs 2-4

April 30 (Reuters) - Private equity firm CVC Capital CVC.AS said on Thursday its fee-paying assets under management (FPAUM) grew 2% quarter-on-quarter to 151 billion euros ($176 billion) by the end of the first quarter of 2026.

The growth was driven by "broad-based momentum" in fundraising, including progress with its institutional and insurance clients, as well as a more than 40% quarterly rise in private wealth, CEO Rob Lucas said in a statement.

CVC private wealth stood at 5.2 billion euros of aggregate value, the firm said.

In private equity, CVC said its European mid‑market Catalyst fund had secured $1.9 billion in total commitments, with a final close in the third quarter expected to come in "well above" its $2 billion target.

Realisations -  the cash generated and distributed from successful disposals - stood at 5 billion euros in the first quarter of 2026.

($1 = 0.8576 euros)

 (Reporting by Jakob Van Calster; Editing by Mrigank Dhaniwala and Subhranshu Sahu)

 ((jakob.vancalster@thomsonreuters.com))