CVC Capital Partners IPO
Global buyout firm CVC Capital Partners, which has USD 198 Billion of Assets Under Management (AUM) across Alternatives, including Private Equity, Private Credit and Infrastructure, is scheduled to IPO.
Global buyout firm CVC Capital Partners is scheduled to IPO on Amsterdam's Euronext and expects to raise USD 1.3 Billion, at a valuation of between USD 13.8 Billion and USD 16 Billion.
CVC has USD 198 Billion of Assets Under Management (AUM) across Alternatives, including Private Equity, Private Credit and Infrastructure, and is poised to perform well based on the performance of other listed alternatives e.g. KKR, and the estimated growth of Alternatives. As such, worth considering for your 'Watchlist.'
Alternatives has grown from USD 7 Trillion in 2018 to USD 15 Trillion in 2022, and is expected to grow to USD 24 Trillion in 2028, an estimated CAGR of 12% between 2018 and 2028.
Public investors appreciate the income from Management Fees and Performance Fees (Carry), the former being steady recurring income as AUM grows whereas the latter is sporadic and more volatile but can boost performance substantially.