Interview - Jean-Christophe Germani, Managing Partner France for CVC

In this interview, Jean-Christophe Germani introduces CVC, one of the world’s leading private equity firms, and discusses its long-standing presence in France since 1986.CVC distinguished by its international organization, strong local presence, and highly disciplined investment approach. The firm manages several strategies, including private equity, private credit, secondary markets, and infrastructure, with over €160 billion in assets under management. The interview highlights CVC consistent historical performance—regularly ranked in the top quartile—as well as its focus on risk control and limiting capital losses. This discipline translates into a highly selective approach to investment opportunities and a rigorous investment process. Jean-Christophe Germani illustrates CVC value creation CVC several flagship investments: Breitling, revitalized and globalized; April, refocused on insurance distribution and accelerated by digital transformation; Panzani, an iconic French brand supported in its product innovation and repositioning; as well as Ligue 1, as part of a strategy to enhance commercial rights and develop fan engagement. In the current market, CVC a slowdown in activity linked to rising interest rates and economic uncertainty. But this environment can also create attractive opportunities for disciplined managers capable of remaining selective and deploying capital in high-quality situations. In the medium to long term, Jean-Christophe Germani views private equity as a firmly established asset class, playing a key role in capital allocation and the financing of growth, innovation, and business development.