Announced
Financials
Sources
Tags
Majority
Domestic
Private Equity
Friendly
United States
Private
Direct Lending
Pending
Single Bidder
Debt Funds
Acquisition
Synopsis
SoundPoint Capital Management, an alternative asset manager, agreed to acquire the US direct lending arm of CVC Capital Partners for $1.5bn. The deal would boost SoundPoint's asset under management to $26bn. A couple of years before striking the deal, SoundPoint was interested in expanding the direct lending segment.
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