CVC Capital Partners PLC – Recent Strategic Developments
CVC Capital Partners PLC (NYSE: CVC), a leading global private‑equity firm, has announced two significant strategic initiatives in the first week of 2026.
1. Partnership with American International Group, Inc. (AIG)
On 19 January 2026, CVC and American International Group, Inc. (NYSE: AIG) entered a strategic partnership aimed at supporting AIG’s long‑term investment objectives. The collaboration will:
| Element | Description |
|---|---|
| Separately Managed Accounts (SMAs) | CVC will create large‑scale SMAs within its credit strategies for AIG. |
| Private‑Equity Secondaries Evergreen Platform | CVC will launch an evergreen platform for private‑equity secondaries, with AIG designated as a cornerstone investor. |
| Future Collaboration | Both parties intend to explore additional areas of cooperation over time. |
The partnership reflects a shared ambition to deliver scale, alignment and bespoke solutions to institutional and private‑wealth investors.
2. Interest in Volkswagen’s Everllence Unit
In mid‑January 2026, Bloomberg reports that a number of private‑equity investors are interested in acquiring a majority stake in Volkswagen Group’s heavy diesel‑engine unit, Everllence. CVC Capital Partners is listed among the potential bidders alongside Advent, Bain Capital, KPS Capital Partners, Clayton Dubilier & Rice, and Mitsui & Co. The unit is estimated to be valued between 5 billion € and 6 billion €.
| Detail | Information |
|---|---|
| Bid Deadline | First‑round bids expected by 12 February 2026. |
| Other Interested Firms | EQT and GIC are considering a joint bid. |
| Volkswagen’s Position | The company is reviewing strategic options for Everllence but has declined to comment further. |
Market Context
- Share Price (as of 15 January 2026): €15.15
- 52‑Week High: €23.53 (19 February 2025)
- 52‑Week Low: €13.00 (6 April 2025)
- Market Capitalisation: €16.1 billion
- Price‑to‑Earnings Ratio: 29.21
The developments underscore CVC’s continued focus on expanding its credit and private‑equity capabilities while pursuing high‑profile acquisition opportunities.




