Overview of the CVC Partners IX Fund

CVC one of the most iconic players in the global private equity industry, with a history dating back to the early 1980s. Today, it stands as the largest European player in the sector, thanks in large part to its ability to raise funds of record size. The CVC fund, in which Altaroc invested, perfectly illustrates this strength, having raised €26 billion—making it the largest LBO fund LBO formed. Despite this exceptional size, CVC strategy CVC disciplined and focused. The fund invests in around thirty large-scale companies, while avoiding excessive valuations. The targeted companies rarely exceed €5 billion in value, which helps maintain a playing field where value creation remains possible. The geographic allocation favors Europe (approximately two-thirds of the portfolio), complemented by exposure in North America, ensuring a good international balance.Sector-wise, CVC with the major trends sought by Altaroc, with diversification across software, services, healthcare, and consumer goods. However, what truly sets CVC apart CVC its “value” approach. Unlike hyper-growth strategies, the fund favors solid companies that still have significant room for improvement. The objective is to buy at an attractive price and create operational value rather than pay a premium for assets that are already optimized. This investment discipline is reflected in an extremely rigorous selection process: of the approximately 300 opportunities analyzed each year, fewer than 5% are selected. This demonstrates a high degree of selectivity and rigor in capital allocation, with the entry price serving as the central decision-making criterion. One of CVC key competitive advantages also CVC in its global footprint. With over 25 offices and more than 800 employees, the firm combines local proximity with global expertise. This presence enables the firm to effectively support portfolio companies while leveraging powerful international networks to accelerate their growth. In summary, CVC a disciplined and global private equity strategy, combining critical mass, extreme selectivity, sector expertise, and operational capability, with a clear positioning: creating value by buying smartly rather than overpaying for growth.