Cordatus, Apidos merge to form $7.5bn global credit manager

Fri Jan 6, 2012

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London-based private asset management and investment advisory firm CVC Capital Partners and specialist US-based fund manager Resource America are combining their credit asset management operations to form a major new global credit and CLO asset manager.

CVC Cordatus - the European debt investment arm of CVC Capital Partners that was set up in 2006 - is merging with Apidos Capital Management, which also specialises in non-investment grade corporate credit investing, to form CVC Credit Partners (CCP).

Led by managing partner Marc Boughton, the former head of Cordatus,...


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