ABOUT US
Headquartered in London with an office in New York, CVC Secondary Partners’ team (formerly Glendower Capital) includes over 100 professionals, as well as being part of the wider CVC network. It is led by a senior team who has worked together in secondaries since 2003. CVC Secondary Partners has an established track record, having closed over 190 transactions involving more than 1,500 fund interests since 2006. In 2022 Glendower Capital entered into a merger and strategic partnership with CVC Capital Partners to enhance our combined capabilities and accelerate the development of our platforms, and rebranded to CVC Secondary Partners in 2024.
CVC Secondary Partners is a client-focused firm striving to generate outstanding results for its investors. With one global and diverse team instilled with a shared sense of purpose, CVC Secondary Partners fosters an open, fair and collaborative work environment where all opinions are valued with the opportunity to influence the outcome. The firm's core is an analytical and disciplined approach to drive investment returns and a focus on what it knows well. Living the CVC Secondary Partners’ values aligns its interests with those of its investors to create a lasting impact across all stakeholders.
CVC Secondary Partners was established in 2017 as Glendower Capital, a secondary private equity firm, after its founding partners spun out the secondary business, which they founded in 2006 from Deutsche Asset Management. CVC Secondary Partners has raised funds with aggregate capital commitments of $14 billion, which includes three legacy secondary funds totalling $3.0 billion in aggregate capital commitments and two independent funds: Glendower Capital Secondary Opportunities Fund IV, which held its final close at $2.7 billion in aggregate capital commitments; and Glendower Capital Secondary Opportunities Fund V, which held its final close at $5.8 billion in aggregate capital commitments. Prior to raising these funds, senior team members worked together from 2003 to 2006 to restructure and wind down Deutsche Bank’s $6.0 billion proprietary balance sheet private equity portfolio.
In January 2022, Glendower Capital entered into a merger and strategic partnership with CVC Capital Partners and rebranded to CVC Secondary Partners in 2024. The partnership enhances our combined capabilities and accelerate the development of our platforms.
The team consists of over 100 professionals located in London and New York, as well as being part of the wider CVC network of over 1,200 people. CVC Secondary Partners has invested in 1,500 fund interests and more than 190 transactions across the SOF funds since inception.
Rebranding
Glendower Capital rebrands to CVC Secondary Partners
Merger and strategic partnership with
CVC Capital Partners
SOF V - $5.8bn
SOF IV - $2.73bn
Transactions: 54
Funds: 518
Companies: 2,377
Glendower Capital
Founding
SOF III - $1.65bn
Transactions: 37
Funds: 173
Companies: 2,840
SOF II - $614mn
Transactions: 29
Funds: 75
Companies: 737
SOF D - $135mn
Transactions: 1
Funds: 28
Companies: 193
SOF - $565mn
Transactions: 29
Funds: 75
Companies: 737
DB Proprietary Portfolio Restructure - $6.0bn
Transactions: >150
Assets: >600
CVC Secondary Partners is committed to providing an environment that promotes diversity with equal opportunities for all its employees. The CVC Secondary Partners team is composed of seasoned professionals representing more than 20 nationalities offering a diverse culture that encourages collaboration and innovation.
CVC Secondary Partners is continuously looking for candidates who are passionate about investing in private markets and share similar values with the CVC Secondary Partners team; integrity, accountability, teamwork, entrepreneurship, and excellence.