CVC Capital Partners (CVC) AGM 2025 summary

Opening remarks and agenda

• First AGM held following a successful IPO on Euronext Amsterdam in April 2024, marking a landmark year for the group.

• Meeting convened in compliance with legal requirements, with notice provided on the website and all documentation made available to shareholders.

Financial performance review

• 2024 saw a strong recovery: deployment up 71%, realizations more than doubled over 2023, and total AUM reached EUR 200 billion.

• Exits in 2024 delivered a 4x gross multiple of money and a 30% IRR; EUR 16 billion raised in 2024.

• 40% increase in MFE led to a 31% increase in EBITDA and a 59% MFE margin in 2024.

• Fee-paying AUM up 42% over 12 months; value creation in private equity and infrastructure portfolios around 10%.

Strategic initiatives and plans

• Activated Europe America's Fund 9 and Asia 6, both exceeding hard caps and reinforcing leadership in private equity.

• Completed acquisitions in infrastructure and secondary business; launched CVC Cred and CVC PE evergreen products, raising over EUR 1.3 billion by March 2025.

• Accelerating investment into private wealth, insurance, and AI for future growth.

• Focus on selective acquisitions with strict criteria: size, scalability, quality, and cultural fit.