CVC Capital

Investment philosophy

The investment philosophy is based on a disciplined and robust investment process. The team is able to build, rotate and substitute assets in order to create diverse and balanced portfolios across sectors, geographies and sponsors to suit different investor strategies.

CVC Credit Partners strong relationships with leveraged finance banks, sponsors and credit asset managers enables them to be highly selective and focus on investments with resilient cash-flows, defensible market positions and strong documentation with a bias towards larger transactions.

CVC Credit Partners in Europe is authorised and regulated by the Financial Conduct Authority and in the U.S. by the Securities Exchange Commission.

Objectives Rationale

Focus on US & Europe
  • Local knowledge of different jurisdictions
  • Political stability and regulatory regimes
  • Private, due diligence and detailed regular management information often available
  • Access through relationships with sponsors/banks and CVC's established global network

Large, resilient & established businesses
  • Focus on stable cash flows
  • Minimum EBITDA of €75m
  • Experienced management teams
  • Potential for incremental returns though active management
  • Strong structural protections and current yield

Non-controlling stakes
  • Rigorous due diligence and stress tests
  • Manage portfolio risk though country, sector and asset diversification
  • Ability to manage investments though relationship orientated long term approach