Cinven closes Fund VIII at $14.5b; a 30% bump from Fund VII, hits hard cap

Cinven has successfully closed its Eighth Cinven Fund, reaching the hard cap at an impressive $14.5 billion, marking a substantial 30% increase compared to its 2019 predecessor, Fund 7. The achievement is attributed to Cinven's robust re-up rate from loyal Limited Partners and the addition of new investors to its global Limited Partner base. The fundraise's triumph is reinforced by Cinven's outstanding track record, yielding approximately €47 billion in proceeds to the Cinven Funds. This success is further fueled by the firm's experienced team, consistently executing a strategy focused on constructing sustainable businesses with global growth prospects.