CVC-CRED European Private Credit

Key Statistics

Highlights

Overview

CVC-CRED is an open-ended, semi-liquid private credit vehicle introduced by CVC Capital Partners to provide income-focused investors with access to CVC's European Private Credit platform. The fund primarily invests in senior-secured floating rate loans issued by high-quality, cash-generative businesses located mainly in Northern and Western Europe. Additionally, it maintains a prudent allocation to junior loans. Launched in the spring of 2024, CVC-CRED had garnered €700 million in subscriptions by December of the same year. The vehicle offers investors flexibility through monthly subscriptions and quarterly redemptions, along with the option to choose between accumulating and distributing share classes in both EUR and USD. This structure aims to deliver attractive cash yields while maintaining a defensive portfolio positioning. The fund leverages the expertise of CVC Credit's seasoned European private credit team and the extensive CVC Network to source and negotiate investment opportunities directly. This approach capitalizes on the robust growth and opportunities within the European private credit market.

Portfolio Composition