In years past, CVC Capital Partners has hosted gatherings for senior employees in sun-kissed destinations like South Africa, Turkey or the French Riviera. The events typically kick off with morning meetings before shifting into team-building mode that includes activities ranging from mountain biking to paddle boarding.
For a firm renowned for its hard-charging culture and pursuit of returns, the symbolism could hardly be more revealing. Over the course of several decades, CVC has perfected the art of the hunt, rising from a handful of professionals into one of Europe’s largest private equity houses, with 133 billion euros ($131 billion) in investments under management and 700 employees across 25 offices.
A public listing would mimic rivals like Blackstone Inc. and EQT AB and make it easier for CVC to finance deals and new investment strategies from the company balance sheet. Real estate and infrastructure are two areas the firm has identified where it wants to expand, some of the people said.
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