-- Banks including Morgan Stanley and Goldman Sachs Group Inc. are lining up nearly €1 billion of debt financing that will allow buyout shop CVC Capital Partners to hold on to Multiversity, one of its university investments, according to people familiar with the matter.Huawei’s New Phone Runs Latest Version of Made-in-China Chip
CVC initially invested in Multiversity in 2019 through its CVC Capital Partners VII fund, and would go on to acquire the Italian online higher education provider two years later. They bought Nvidia stock before the hype. It's paid for cars, vacations, and a deposit on a dream home.
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