John Bakie
The vehicle will provide both debt and equity investments for growing firms across central Europe.
The firm’s latest structured credit vehicle hit its hard-cap and will back businesses in healthcare, education and business services.
The fund is the firm’s first sharia compliant direct lending vehicle and received a cornerstone investment from Saudi Arabia’s sovereign wealth fund.
The fund saw a very high re-up rate and will continues its predecessors’ strategy of seeking out opportunistic credit investments across Europe.
The firm’s third fund will focus on private equity-backed deals across Europe and utilise CVC’s wider network.
Both firms have launched multiple CLOs in 2022 despite challenging market conditions.
The evergreen vehicle will focus on backing mid-sized companies with the ability to make a positive environmental impact.
The newly created firm will continue to invest in sponsorless SMEs across the Iberian peninsula.
The fund will invest alongside primary fund partners in stable, mid-market companies across Europe.
The firm’s third fund focused on UK SMEs has already made seven investments and aims to hold a final close in the first half of 2023.