CVC to merge with Glendower Capital.

CVC, a private equity and credit investment advisory firm, agreed to merge with Glendower Capital, a private equity secondaries manager. Financial terms were not disclosed. "Glendower has a very similar investment-led culture to CVC as well as the operational and financial scale to address what we see as a compelling market opportunity within secondaries in the coming years. Their established platform perfectly complements our existing family of private equity and credit strategies and we look forward to supporting Carlo and Charles in growing their business further," Rolly van Rappard, CVC Co-founder.