Simpson Thacher represented CVC in connection with the formation and raising of CVC’s third generation Strategic Opportunities fund (“CVC Strategic Opportunities III”), with total commitments of €4.61 billion.
CVC's Strategic Opportunities platform invests in high-quality, stable businesses. Focused on Europe and North America, CVC Strategic Opportunities typically invests for a longer period compared to the broader private equity industry’s average hold period. Since inception, the platform has committed over €7.5 billion to 18 businesses offering long-term strategic development opportunities across sectors and geographies.
The Simpson Thacher team included Gareth Earl, Vasanth Padaki, Mia Hatfield, Jack Harrison, Ediz Osman, Vivek Shah and Georgia Harrison (Funds – U.K.); Amanda McGovern and Emily Singley (Funds – U.S.); Eli Shalam, Jenna Al-Malawi and Michael Slomovics (Tax).