Key Takeaways
- • CVC Capital Partners has opened a new office in Edinburgh with 20 employees based at the South Gyle site, according to The Herald.
- • The Edinburgh office is CVC's 31st location globally, part of a network spanning six continents.
- • CVC manages approximately €239 billion in assets across private equity, credit, secondaries and infrastructure, with private equity funds invested in more than 150 businesses worldwide.
- • The expansion is intended to strengthen CVC's UK operations and draw on Edinburgh's established financial services sector.
Summary
The Edinburgh office is CVC's 31st location globally, adding to a network spanning six continents. The firm manages approximately €239 billion in assets across private equity, credit, secondaries and infrastructure. Its private equity funds are invested in more than 150 businesses worldwide.
Ken Young, chief operating officer at CVC, pointed to the city's talent pool and its history as one of the world's first global financial centres and a birthplace of the modern asset management industry. He noted a strong Scottish cohort within CVC's leadership, saying the firm was "particularly proud to be putting down roots here." Young added that the company was "starting with a small team" but saw "real potential to grow our presence here."
A CVC spokesperson said the new office "provides a modern and convenient workspace for collaboration across the CVC network and reflects CVC's continued investment in its global platform." The article was produced through a subscriber partnership with USA Today and does not necessarily reflect the view of The Herald.
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