CVC Says Europe Can Be ‘Challenging' as Buyout Rivals Pile In
By and Kat Hidalgo
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CVC Capital Partners Plc Chief Executive Officer Rob Lucas said that investing in Europe can be challenging, as rival private equity firms increasingly look to the region for growth.
Investors will need to navigate large cultural and economic differences, and find value amid the region's less efficient markets, Lucas told Bloomberg's Swetha Gopinath on a panel Thursday at the SuperReturn International conference in Berlin. Europe is a 'very, very important area,' though it's a complex place to navigate given the diversity of the different markets and number of smaller economies, he said.
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