Get ready for an exciting update on Q3 2025 activities! We're talking big numbers and even bigger potential.
Gross inflows of €17.8 billion over the last 12 months (LTM Sep-25) have pushed our Funds under Active Management (FPAUM) to a whopping €142 billion in Q3, up from €140 billion in Q2. And the best part? Our fundraising efforts are on fire, setting us up for an even more impressive Q4.
Let's break it down:
- Credit: We've deployed and raised a substantial €10.4 billion for EUDL IV, smashing our €6 billion target.
- Secondaries: SOF VI fundraising is now above target ($7 billion), with an expected final close in 2026 that will significantly exceed expectations.
- Infrastructure: Get ready for accelerated growth as we activate DIF VIII and VA IV in Q4.
- Private Equity: While our record-breaking realisations and step-downs on legacy funds have reduced FPAUM year-on-year, we're confident about the future.
And here's where it gets controversial... Our realisations have reached record levels, with gross returns that are simply jaw-dropping (3.2x MOIC and 25% IRR1). This has led to a 35%+ year-on-year increase in our full-year PRE, which we expect to reach €240-250 million.
But wait, there's more!
Deployment over the LTM Sep-25 period totaled €22.8 billion, driven by strong growth in Credit. Private Equity deployment remains steady, following a 3-4 year fund cycle.
We've also seen strong value creation across all our key funds, with a 3% value growth in Q3-25 across Private Equity and Infrastructure, and a 12% LTM Sep-25 EBITDA growth across Private Equity.
And this is the part most people miss: Our Private Wealth and Insurance channels are gaining serious momentum. Private Wealth has seen a massive 69% increase in aggregate value to c.€3 billion (vs. Q2-25), and our Insurance business is making significant progress on multiple fronts.
Rob Lucas, our CEO, sums it up perfectly: "CVC had a stellar third quarter with record realisations and attractive returns, driving significant growth in PRE and setting the stage for future fundraising. We're excited about the continued strong value creation, particularly the 12% LTM EBITDA growth across Private Equity. Our Credit and Secondaries platforms are thriving, we expect Infrastructure to accelerate as we activate new fund vintages, and Private Wealth is gaining incredible momentum."
Download the full press release for all the details: https://www.cvc.com/media/udjgnvhb/cvc-q3-2025-activity-update-14-11-25.pdf
What do you think about these impressive results and the potential they unlock? We'd love to hear your thoughts and insights in the comments below!
