CVC Secondary Partners

Overview

CVC Secondary Partners is a prominent private investment firm specializing in secondary private equity and credit markets worldwide. Established in 2017 as Glendower Capital, the firm was acquired by CVC Capital Partners in 2022 and rebranded in 2024. With assets under management totaling €17 billion, CVC Secondary Partners offers tailored liquidity solutions to investors and facilitates the growth of portfolio companies through its expertise in secondary transactions. The firm's investment strategy focuses on providing liquidity solutions in private equity and credit markets, including buyouts, growth, late-stage, pre-IPO, and distressed situations. CVC Secondary Partners has a diversified approach, pursuing both limited partner (LP) fund portfolios and general partner (GP)-led transactions globally. This strategy aims to build broadly diversified portfolios of private equity and credit assets, generating outstanding results for investors. With a team of experienced professionals, CVC Secondary Partners has completed over 200 secondary transactions involving more than 1,800 fund interests and 70 bespoke continuation vehicles. The firm's extensive in-house database, developed over 20 years, enables it to provide timely liquidity solutions, reducing execution uncertainty for sellers and fund managers seeking such solutions. In 2025, CVC Secondary Partners expanded into the rapidly growing credit secondaries market by launching a dedicated global credit secondary platform. This initiative reflects the firm's commitment to offering investors diversified access to high-quality private market opportunities and its ability to adapt to evolving market dynamics. CVC Secondary Partners is headquartered in London, with offices in New York, and is part of CVC Capital Partners, a leading global private markets manager. The firm's global presence and extensive network position it well to capitalize on structural tailwinds shaping the dynamic and expanding secondary markets. The firm's investment philosophy emphasizes a diversified approach to secondary transactions, leveraging its deep underwriting capabilities and global reach to deliver attractive risk-adjusted returns, income generation, and enhanced downside protection for investors. This philosophy has been instrumental in establishing CVC Secondary Partners as a reliable counterparty capable of consistently addressing the objectives of sellers and fund managers seeking liquidity solutions. CVC Secondary Partners' track record and strategic initiatives underscore its role as a significant player in the secondary private equity and credit markets, committed to providing innovative solutions and value creation for its investors and portfolio companies.

Investment Focus

• Institutional investors
• Accredited investors
• High-net-worth individuals

Portfolio Companies