CVC could launch its Amsterdam IPO as early as next week.
The firm, which has €161bn under management, was valued at €15bn in a private transaction in 2021. It intends to sell shares in an entity that will receive its management fees, as well as part of its carried interest – the share of gains it gets when exiting profitable investments.
The listing would enable CVC shareholders – including Singapore’s GIC, the Kuwait Investment Authority, Hong Kong Monetary Authority and US asset manager Blue Owl Capital – to sell down their stakes.
