CVC Capital Partners has raised $6.8 billion for its latest Asia-focused fund, adding to the firm's recent fundraising success. The private equity firm has been on a fundraising spree, with this latest fund bringing its total capital raised to over $24 billion in the past year. The fund will focus on investments in the Asia-Pacific region, particularly in sectors such as technology, healthcare, and consumer goods.
CVC's fundraising success comes as private equity payouts at major firms have plummeted by 49% in the past two years