Fund database › Private Equity
CVC Capital PartnersLU2926063467Class I EUR Acc
CVC's evergreen vehicle pools buyouts, secondaries, primaries and co-investments from the firm's own platform with a European tilt — as a Luxembourg Part II SICAV in a master-feeder structure, launched in 2024, accumulating.
Monthly subscription; quarterly redemption with roughly one month's notice; oversubscribed dealing dates are filled pro rata, and unfilled orders lapse. No lock-up; a supplementary redemption programme is additionally set out in the prospectus. The recommended holding period is eight years.
Subscription from EUR 100,000 via intermediaries to eligible investors in the EEA, UK, Switzerland and further markets; currently not registered for retail distribution in Germany.
Europe's largest buyout house in a semi-liquid wrapper — without a lock-up, which stands out in the Part II field, but with a six-figure entry threshold and no retail legal framework, clearly cut for the private-wealth segment.
Figures for class I EUR Acc (LU2926063467) · product data 25 Sep 2026 · sources: prospectus (as at 1 Jan 2026; 1 Aug 2026; 10 Jul 2026), PRIIPs-KID — full list under 08 documents.
Since the data series began in Mar 2026, the unit price has gained 6.7% (cumulative, 0.3 years). The series is still short; valuations of private holdings arrive quarterly and smoothed.
5 monthly values · Source: secondary source (data portal), price feed / provider document · Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and dealing costs of reinvestment are not considered. Past performance is not a reliable indicator of future results. The fund has been running since Oct 2024; a reliable NAV series of the class is available from Mar 2026.
What the prospectus permits: Direct investments and co-investments alongside the CVC private equity funds as well as primaries and secondaries; buyout focus
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
114 holdings; the largest are PPC (Public Power Corporation), GSG (Global Sports Group, a CVC Company), UAX (Universidad Alfonso X el Sabio). 9.0% is held in the liquidity reserve — enough for 5 months of maximum redemptions.
How the reserve is invested: Galegroup Finance (Luxembourg) SA 0.1% · Quimper AB 0.1% · TMF Sapphire Bidco B.V. 0.1% · 7 more 0.9%. It covers 5 months of the maximum net redemption (at most 20% per year under the gate) — what that means for redemptions is in 06.
Focus according to fund documents: Diversified, no sector breakdown 100%
Focus according to fund documents: Global, not broken down 100%
Among the ten largest: 10 equity holdings.
PPC (Public Power Corporation, Athens) is Greece’s largest electricity generator and supplier …
Sports group formed by CVC and based in the United Kingdom that combines CVC's stakes in media and commercial companies, including Volleyball World, United Rugby Championship, LaLiga …
Universidad Alfonso X el Sabio (UAX) is a private university founded in 1993, with its main campus in Villanueva de la Cañada near Madrid.
Dream Games is a mobile game developer based in Istanbul, known for the puzzle titles “Royal Match” and “Royal Kingdom”, which are monetized through in-app purchases.
Bamboo is a technology-enabled managing general agent (MGA) for homeowners and property insurance in the US, based in and focused on California.
Authentic Brands Group is a New York-based brand development and licensing company that acquires consumer, sports and celebrity brands and monetizes them through licensing partners …
Mehiläinen is one of Finland's largest private healthcare and social care providers, headquartered in Helsinki, offering medical, dental and social services.
Ahlsell (Stockholm) is a leading Nordic distributor of plumbing, heating and electrical installation products as well as tools and supplies.
International Schools Partnership (ISP), a group of private K-12 schools founded by Partners Group in 2013 and headquartered in London.
M Group is a UK provider of design, construction and maintenance services for critical infrastructure in water, energy, telecommunications and transportation …
Positions and shares according to the provider; weights of the holdings are not reported; short descriptions by semiliquid.info from public sources; holdings as at 31 Jul 2026, reserve as at 31 Dec 2025; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
With ongoing costs of 2.15%, class I EUR Acc is well below the median of the asset class (2.60%). On top comes a performance fee of 15% above a hurdle of 5% — with a high-water mark.
For 25,000 EUR this means roughly 538 EUR per year.
For 25,000 EUR, no charge on purchase and up to 1,250 EUR on redemption.
Based on the PRIIPs key information document of class I EUR Acc, hence comparable across providers. Median: 35 Private Equity funds in this database, data run 16 Oct 2026.
Units can be subscribed monthly. The price is the NAV at the end of the previous month — it is not known when the order is placed and is published only 20 business days later.
The Board may waive the Subscription Cut-off at its free discretion and still accept …
Price = NAV at the end of the previous month.
Valuation Date last business day of the month, NAV Release Date around 20 business days …
pre-funding: 3 business days before dealing day
An order placed today is invested in — days (—); the money is due on —. Miss the cut-off and you move to the next dealing day: cut-off —, invested from —.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Dealing day | 1st business day of the month |
| Cut-off | 3 business days before dealing day · 17:00 CET · (before the anchor date) |
| Price | previous month-end |
| NAV publication | Valuation Date last business day of the month, NAV Release Date around 20 business days thereafter |
| Payment | pre-funding: 3 business days before dealing day |
| Minimum investment | 25,000 in class currency |
| Subscription limit | The Board may close the sub-fund or share classes to subscriptions at any time and reject or defer orders |
| Revocation | Revocation with the consent of the AIFM/Board until 3 business days before the dealing day, 17:00 CET |
| Business day | Any day on which banks in each of Luxembourg, New York and the UK are open (p. 207) |
Dates calculated from the prospectus rules (bank holidays: GB, LU, US); only the transfer agent’s confirmation is binding. Data as at 25 Sep 2026 · Documents: 08.
Units can be redeemed quarterly — with a volume limit (Gate) and without a lock-up. How quickly the money arrives and what happens if many want out at once is set out below.
Pro-rata scale-back, aggregated across all redemptions in the CVC PE programme including the master and …
NAV per unit less redemption fee (up to 5%)
5% of the sub-fund NAV per calendar quarter, measured as the average of the NAVs as at the last business day …
redemption day
A request made today is paid out on — — — days; from the cut-off to cash it is — days.
Money typically within half a year — on average 122 days from decision to cash.
Rank 82 of 112 · rank 29 of 38 in Private Equity · no lock-up · exit costs of 5.0% included
Money typically within half a year — on average 122 days from decision to cash.
no lock-up · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 1 Jan 2026 · score run 16 Oct 2026 · How 122 days become 8 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | quarterly |
| Valuation day | quarter-end |
| Notice | 30 calendar days before redemption day · 17:00 CET |
| Price | quarter-end |
| Payout | 45 calendar days after redemption day |
| Gate | 5% gross of the average NAV of previous months per quarter |
| Scaled-back portion | carried forward automatically to the next dealing day |
| Redemption fee (max.) | up to 5% (18 months, cliff (lapses after the period)) |
| Lock-up | none |
| Suspension | market closure/force majeure, valuation or communication disruption, liquidation |
| Liquidity tools | not designated as AIFMD LMTs; in place: Redemption Limitation, suspension, redemption in kind, Early Redemption Deduction, Liquidity Deduction |
| Switch / transfer | only with the prior written consent of the Board; listed shares in principle freely transferable |
| Compulsory redemption | In the case of a Prohibited Person, incorrect representations or a shortfall below the minimum holding; priority over voluntary redemptions |
5% of the sub-fund NAV per calendar quarter, measured as the average of the NAVs as at the last business day of the three immediately preceding calendar months. Oversubscribed dates are met pro rata among all redeeming investors; requests not met are automatically resubmitted for the next redemption date unless the investor revokes them.
The 5% limit is measured not against the quarter-end NAV but against the average of the NAVs of the three immediately preceding month-ends; units redeemed by an Investment Manager or a group company, and the Early Redemption Deduction withheld, are not counted towards it. The board of directors may waive or raise the limit in whole or in part at its own discretion.
Dates calculated from the prospectus rules (bank holidays: GB, LU, US); only the transfer agent’s confirmation is binding. Data as at 25 Sep 2026 · Documents: 08.
1 class. All cost and risk figures on this page refer to the basis class I EUR Acc.
PRIIPs KID ✓: a key information document exists and is the source of the costs. —: no KID documented — the class is distributed outside the EEA or to investors not covered by the KID requirement, or the document is not available.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Prospectus | Sep 2025 | — |
| NAV series secondary source (data portal), price feed / provider document | 31 Jul 2026 | Performance (01) |
| Positions and reserve | 31 Jul 2026 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption quarterly, notice period 30 calendar days before redemption day, with 5% gate per quarter. Subscribing today, it takes on average 122 days from decision to cash under the prospectus deadlines; a gate is not factored in.
Ongoing costs of 2.15% p.a. according to the PRIIPs KID for class I EUR Acc; the median of the Private Equity funds in this database is 2.60%; plus a performance fee of 15%.
25,000 EUR in class I EUR Acc.
Not as a retail investor. According to our evidence, in Germany it is open only to semi-professional investors (as at 5 Oct 2026). The Access check shows the details.
As at 16 Oct 2026, no redemption restriction is documented for the CVC-PE Global Private Equity. Under the prospectus a gate of 5% per quarter applies.
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Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.