CVC Secondary Partners raises $10 billion for sixth global fund

CVC Secondary Partners has closed its sixth global secondary private equity fund, Secondary Opportunities Fund VI, with $10 billion in aggregate capital commitments. This represents a significant increase compared to previous fundraises, which secured $5.8 billion in 2023 and $2.7 billion in 2019.

The fundraise involved more than 200 new and returning limited partners. CVC noted that the growth reflects rising institutional demand for liquidity and portfolio management solutions within the global private equity secondaries market. The firm currently manages approximately €20 billion in assets under management across private equity and credit secondaries.