Report

CVC Credit Partners European Opportunities - Positioned for opportunity

CVC Credit Partners European Opportunities (CCPEOL) has achieved a total NAV return loss of 4% (it targets an 8% return) in the last 12 months, affected by market turbulence. CCPEOL has a significant weighting to stressed assets in its portfolio. Although credit markets have rebounded from the March lows, the performing credit segment is still trading at historically low valuations. The manager sees the greatest opportunity in the upper CCC and lower B segments and in structured finance. As such, although the manager expects the markets to remain volatile, it has positioned its portfolio towards the more opportunistic spectrum of the credit market.
Underlying
CVC Credit Partners European Opportunities (GBP)

CVC Credit Partners European Opportunities is a closed-ended investment company limited by shares. Co. invests predominantly in companies domiciled, or with material operations, in Western Europe across various industries. Co.'s investments are focused on senior secured obligations of such companies but investments are also made across the capital structure of such borrowers.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Pedro Fonseca

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