CVC Capital Partners is planning to shun London and take its multi-billion-euro initial public offering to Amsterdam’s Euronext exchange.
Europe’s biggest private equity group told potential investors that it is aiming to list on the Dutch exchange, and to set a €25bn (£21bn) target for its next private equity fund.
No final decisions have been made about the listing or its timing, and much will depend on developments in the war in Ukraine and its consequences for the market.
CVC has had its roots in London since it was spun out of Citigroup in 1993. The group has $122bn (£92bn) of assets under management.