Asia VI is 50% larger than its predecessor, CVC Capital Partners Asia V, which was raised in 2020 and closed at US$4.5 billion.
Asia VI saw strong demand from new and returning blue chip investors, enabling it to significantly exceed its US$6 billion target and original hard cap. The fund lifts CVC’s Asia platform to one of the leading players in the region, having now raised over US$21 billion of commitments across its Asia focused funds.
The strong growth of CVC’s Asia platform has been underpinned by CVC’s investment in the region over recent years, further improving its extensive regional network, deep local knowledge and sector expertise, and strengthening its investment capabilities across the region.
CVC Asia also works closely with CVC’s other private equity strategies, both complementing and utilising the relationships and knowledge of the broader CVC Network, to enhance origination capabilities and create sustainable value in the businesses it backs.
Asia VI will focus on control, co-control and partnership investments in high quality businesses in core consumer and services sectors across Asia. CVC has been active in Asia since 1999 and in this time it has made more than 80 acquisitions in the region.
