CVC raises €4.61bn for third strategic opportunities fund

CVC closed its third-generation Strategic Opportunities fund at €4.61bn, maintaining the size of its predecessor while significantly expanding its investor base. 

The latest fundraising pushes total commitments across the platform’s three vintages to over €13bn, reinforcing demand for long-term private equity strategies.

The Strategic Opportunities platform focuses on stable, high-quality businesses in Europe and North America, offering an extended investment horizon compared to traditional private equity. CVC, which recently joined the Nordics Private Equity Conference in Stockholm, aims to drive sustained value creation, often partnering with founding families or foundations looking for strategic growth capital. 

Lorne Somerville, Managing Partner and Co-Head of CVC Strategic Opportunities, highlighted investor confidence in the long-term approach, stating: “We are truly grateful for the strong support in this fundraise, which reinforces our conviction in the demand for a successful, longer-term private equity strategy. With our third vintage, we are well-positioned to continue delivering consistent and attractive returns.”

Jan Reinier Voûte, Co-Head of CVC Strategic Opportunities, added: “Over our previous two vintages, we have built a strong track record through our long-term value creation approach. We are energised by the pipeline of opportunities to partner with high-quality businesses and drive enduring growth.”

Since its launch, the Strategic Opportunities platform has committed over €7.5bn to 18 companies across various sectors and geographies. Notable investments include Asplundh, a leading vegetation management provider for major utilities in North America, Australia, and New Zealand; Sebia, a global diagnostic testing equipment provider; and Hempel, an international supplier of coating solutions.

With this latest fund, CVC aims to further expand its portfolio, leveraging its operational expertise to support long-term business growth. CVC has also