Private markets firm CVC posted record financial performance in 2025, with its management fees up 9 per cent to €1.5bn (£1.3bn).
The business recorded €23bn of inflows across its institutional, private wealth, and insurance channels, with 12 per cent fee-paying assets under management (AUM) growth across its credit, secondaries, and infrastructure platforms.
Overall fee-paying AUM was up 1 per cent to €148bn in 2025 compared to the previous year. The business said it is aiming for fee-paying AUM to hit €200bn by 2028.
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CVC recorded a profit after tax of €873m, an increase of 5 per cent compared to 2024. It also said it saw a record level of realisations at “exceptionally strong returns”.
The business said it is launching a share buyback programme of up to €350m, commencing immediately, underpinned by its strong financial position.
“2025 was a year of strong performance and significant strategic progress. We achieved record realisations, delivering very attractive returns which supports our confidence in future fundraising,” said chief executive Rob Lucas.
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“We continued to scale our credit, secondaries and infrastructure platforms, which now comprise over half our fee-paying AUM, and we are seeing very encouraging momentum in private wealth and insurance.
“There is an exciting market opportunity ahead of us and we are very well placed to capitalise on it.”
