CVC Credit Raises €10.4 Billion for Fourth European Direct Lending Fund with Counsel from Arendt & Medernach

"Arendt & Medernach served as Luxembourg counsel for CVC Credit during the final closing of its fourth European Direct Lending fund (EUDL IV), which raised €10.4 billion, significantly surpassing previous funds. This increase follows the €6.3 billion raised in 2022 and €1.3 billion in 2020. CVC Credit now manages over €48 billion in total assets, with more than €18 billion in its Private Credit platform."

Arendt & Medernach acted as Luxembourg counsel to CVC Credit in the final close of its fourth European Direct Lending fund (EUDL IV). This transaction involved CVC Credit raising €10.4 billion, including parallel funds and accounts, to invest in European Direct Lending opportunities. This fundraising marks a significant increase from CVC's previous European Direct Lending funds, which raised €6.3 billion in 2022 and €1.3 billion in 2020. CVC Credit now manages total assets exceeding €48 billion across its Liquid Credit and Private Credit businesses, with the Private Credit platform holding more than €18 billion in assets. The following lawyers from Arendt & Medernach were involved in the transaction: **Investment Management:** - Adrian Aldinger - Carlos Rodriguez - Léa Walgraef - Mathieu Sebastiani - Louis Glesener - Cosimo Bizzeti - Juan Diego Sanchez Fernandez - Francesco Ianniello **Tax:** - Jan Neugebauer - Caroline Partoune - Clementine Voutzinos The press release does not specify the seniority of the lawyers involved.

CVC Credit Raises €10.4 Billion for Fourth European Direct Lending Fund with Counsel from Arendt & Medernach

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