CVC Closes Fourth European Direct Lending Fund at €10.4bn

CVC closes fourth European Direct lending fund at €10.4bn

CVC Credit, the global credit arm of private investment firm CVC, has held the final close of its fourth European Direct Lending fund, EUDL IV, with €10.4bn in total capital commitments to deploy across European private credit opportunities. The fund marks a significant step up from CVC’s prior European Direct Lending vehicles, which raised €6.3bn in 2022 and €1.3bn in 2020. The new fund has already committed to more than 30 investments, includi…

CVC continues huge European direct lending fundraising momentum with €10.4bn Fund IV final close

CVC's credit arm has raised €10.4bn for its latest European direct lending fund, a 65% increase on the predecessor fund the firm raised in 2022. The post CVC continues huge European direct lending fundraising momentum with €10.4bn Fund IV final close appeared first on AltAssets Private Equity News.

CVC Credit closes latest European direct lending fund in double digits

The credit arm of private equity firm CVC has raised €10.4bn (£9.1bn) for its fourth European direct lending fund (EUDL IV). This is the first time CVC has raised capital in the double digits for its direct lending strategies. EUDL IV has already allocated capital to over 30 investments, including KKR’s buyout of Swedish company […] The post CVC Credit closes latest European direct lending fund in double digits appeared first on Alternative Cred…