Buyout Firm CVC Eyes US Private Credit in Expansion Drive

CVC Capital Partners Plc has identified private credit in the US as an area for potential acquisitions, according to Chief Executive Officer Rob Lucas.

There are “huge opportunities” for CVC in private wealth and insurance business, Lucas said during a media call on Thursday after the company posted its full-year earnings.

“We have consistently said that if the right opportunity to build our business inorganically, arises, then we are very open to that and we will look carefully at those opportunities,” Lucas said. “We have in the past identified US private credit as as one of those areas.” ...