CVC Capital Companions has reported sturdy progress inside its non-public wealth channel within the first quarter of 2026, pushed partly by enlargement in its credit-focused automobile.
In its first-quarter outcomes for 2026, the asset supervisor stated its non-public wealth channel grew to €5.2bn (£4.2bn) in mixture worth, rising 40 per cent quarter on quarter, up €1.6bn.
CVC stated the continued progress was pushed by its established autos, together with its non-public credit score fund, CVC-CRED, and personal fairness platform, CVC-PE. This was alongside the profitable launches of funds CVC-PESEC and CVC-PEF within the US, the agency stated.
“Fundraising momentum in Q1 was broad-based and included additional encouraging progress with our institutional and insurance coverage purchasers, in addition to greater than 40 per cent quarterly progress in non-public wealth,” stated Rob Lucas, chief govt of CVC.
The outcomes additionally confirmed continued fundraising momentum throughout CVC’s platforms, together with inside non-public credit score, with the closing of its CLO fairness fund, CVC CLO Fairness IV, at $1bn (£739m). The capital raised was a 25 per cent enhance in contrast with the CVC CLO Fairness III fund.
The agency additionally reported sturdy progress in its secondaries channel, with its devoted fund SOF VI now elevating $8.7bn, surpassing its $7bn goal.
General, CVC reported continued realisations at elevated ranges following a document yr in 2025, with €5.0bn within the first quarter of 2026.
Payment-paying belongings below administration (FPAUM) elevated by €2.4bn quarter on quarter, up two per cent, and €8.9bn yr on yr, up six per cent, to €151bn.
General, its non-private fairness methods, now 52 per cent of complete FPAUM, rising 14 per cent yr on yr.
“Realisations continued at excessive ranges following a document yr in 2025, and at engaging returns, underpinning our confidence in future fundraising,” Lucas added. “Worth creation throughout our funds confirmed continued wholesome progress, pushed by sturdy portfolio firm fundamentals.”
Learn extra: CVC Credit score costs reset of Cordatus Mortgage Fund XIX