On September 13, 2021, CVC Capital Partners SICAV-FIS S.A. announced that it had entered into a strategic partnership with Glendower Capital.
Under the terms of the transaction, CVC Capital Partners SICAV-FIS S.A. (“CVC”) will form a strategic partnership with Glendower Capital (“Glendower”). Glendower will continue to operate independently under the Glendower name. The transaction is scheduled to close in the fourth quarter of 2021, subject to regulatory requirements. Further terms of the deal were not disclosed.
CVC, based in Luxembourg, is an international private equity investment advisory firm with approximately $125 billion in assets under management and $165 billion in committed funds.
Glendower, based in London, is a private equity firm focused on secondary markets globally. The firm manages $8.6 billion in aggregate commitments.
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