CVC Capital Partners has reported a significant increase in activity, with its investments more than quadrupling to €8.3 billion. It has also doubled its exits, signalling a broader recovery in the European PE market. This is the company's first financial results release since its April listing.

CVC Capital Partners, which manages €193 billion in assets, increased its PE investments to €8.3 billion in the first half of 2024, with the majority of this capital deployed in Europe and the Americas, where €6.9 billion was invested. Following its April IPO in Amsterdam, where the company raised €2 billion, CVC's shares rose by more than 30%, outperforming peers such as Sweden's EQT and Bridgepoint Group. And last year, the firm also raised €26 billion for the world's largest buyout fund.

According to Pitchbook data, the second quarter also saw signs of recovery in Europe, where the value of PE deals increased by 27.3% to EUR 107 billion compared to the first quarter. Factors such as the ECB's June interest rate cut and improving macroeconomic conditions contributed to the recovery.