Cinven awarded gold at Private Equity Exchange summit
Cinven named Best French Large LBO Fund
European private equity firm Cinven was named Best French Large LBO Fund 2013 at the Private Equity Exchange awards ceremony which was held in Paris on 15 November.
This distinction was awarded to Cinven by a panel of 70 high-profile Private Equity experts from Institutional Investment firms, Asset Management companies and Banks.
Commenting on this award, Benoît Valentin, Partner at Cinven, said:
"We are delighted to have received this award, which comes just a few days after the very successful flotation of Numericable on the Paris Stock Market. It is yet another illustration of the expertise and commitment of Cinven's investment team in France. Throughout 2013, Cinven has continued to invest actively across Europe - announcing three new investments in the year to date, along with several add-on acquisitions. During the year, we also completed our successful fundraising at Eur 5.3 billion ahead of our target. We are confident that, thanks to the quality of our team and our consistent investment strategy, Cinven will continue to be highly regarded across the industry".