ENXTAM:CVCCapital Markets
Should AIG-Backed Secondaries and Credit Mandates Reframe CVC Capital Partners’ (ENXTAM:CVC) Fundraising Expansion Narrative?
American International Group, Inc. and CVC Capital Partners recently announced a long-term partnership that includes up to US$1.50 billion from AIG’s existing private equity portfolio to seed CVC’s new private equity secondaries evergreen platform, alongside plans for up to US$2.00 billion in separately managed credit accounts and funds.
This arrangement not only gives CVC immediate scale in secondaries and customized credit mandates, it also positions the firm as a key solutions provider...