European private debt delivered another record year in 2025. Deployment and deal activity rose as private credit remained a preferred route for acquisitions and refinancings. Market deployment reached ~EUR 115bn in 2025 (+23% YoY), across 1,357 transactions (+11% YoY), well above the prior four-year annual average deal volume of ~EUR 83.6bn (Debtwire).

Against this backdrop, CVI is firmly in the top tier of Europe’s private debt investors, with leading positions across the Debtwire FY2025 European Direct Lender Rankings.

CVI placed Top 5 Europe (45 deals, 4.41% share) and ranked #1 DACH & Poland Direct Lender Rankings (22 deals, 12.02% share).

CVI also ranked #1 in five key league tables:

• Europe Direct Lender – Non-Sponsored: 24 deals, 9.92% share
• Europe Direct Lender – Small-Cap: 25 deals, 12.76% share
• Europe Finance Direct Lender Rankings: 12 deals, 10.43% share
• Southern & Eastern Europe Direct Lender Rankings: 25 deals, 13.59% share