(Reuters) -CVC Capital Partners, one of the world's largest private equity managers, on Friday reported realisations which were above the guidance it set earlier in the year. Realisations - the cash
CVC Capital Exceeds Realisations Target and Confirms Earnings Outlook
(Reuters) -CVC Capital Partners, one of the world's largest private equity managers, on Friday reported realisations which were above the guidance it set earlier in the year.
Realisations - the cash it earns and distributes from the succesful sale of investments - totaled 15.4 billion euros ($18 billion) at the end of September. That was ahead of the guidance it had previously set to meet or slightly beat in 2025 the 13.1 billion euros of realisations it achieved in 2024.
CVC said that it was confident it would meet its full year earnings target of 240 million to 250 million euros.
Fee-paying assets under management stood at 142.1 billion euros, down by 2 billion euros from last years number.
($1 = 0.8575 euros)
(Reporting by Jakob Van Calster and Mateusz Rabiega; Editing by Matt Scuffham)
