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CVC Capital Partners raises $5.2bn for second long-term fund

(Opalesque) CVC Capital Partners has closed its second long-life fund at €4.6bn ($5.2bn), exceeding its target, exceeding its target by €600m. The UK-based private equity and investment advisory firm said in a press release that the fund CVC Strategic Opportunities II (SO II), like its predecessor, invests in long-term capital appreciation opportunities across Western Europe and North America that fall outside of the firm’s traditional strategies.

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