CVC Capital Partners, one of the biggest private equity firms in the world, has followed rivals such as Apax Partners and TPG by selling a stake in its parent company to a group of private investors.
It is understood the firm, which has investments in Formula One and theme park group Merlin Entertainment, has sold a ten per cent stake in its Luxembourg domiciled parent company to a consortium of private investors. These are thought to include Kuwait Investment Authority (KIA), the Government Investment Corporation of Singapore (GIC) and an unnamed Asian fund………………………………………..Full Article: Source