CVC Closes €3 Billion Catalyst III Fund

– CVC Capital Partners closed CVC Capital Partners Catalyst III at approximately €3.0 billion ($3.4 billion), nearly 2x its €1.75 billion target, reflecting strong investor demand and confidence in the firm’s track record and platform.

– Catalyst III is a sector-agnostic European mid-market private equity fund, targeting high-quality, growth-oriented businesses with equity investments below €250 million, primarily across Europe.

Rob Lucas, CEO at CVC, said the successful close demonstrates strong investor confidence in CVC’s long-term performance and platform, adding that Catalyst III strengthens the firm’s ability to partner with high-quality businesses and management teams across the evolving European mid-market.

Daniel Pindur, Managing Partner, co-Head DACH and Chairman of the Catalyst Executive Committee, stated that strong backing from existing and new investors reflects confidence in the strategy, noting that CVC is well-positioned to build a diversified European mid-market portfolio by leveraging its local presence, sector expertise, and global network.

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