Global private markets manager CVC Capital Partners has opened a new office in Edinburgh, with 20 employees based at the South Gyle site.
The move forms part of the company’s long-term expansion plans and is intended to strengthen its UK operations while drawing on the city’s established financial services sector.
The Edinburgh office is CVC’s 31st location globally, adding to a network spanning six continents.
CVC manages approximately €239 billion in assets across private equity, credit, secondaries and infrastructure. Its private equity funds are invested in more than 150 businesses worldwide.
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Ken Young, chief operating officer at CVC, said: "There is a fantastic pool of talent in Edinburgh, thanks to the city’s history as one of the world’s first global financial centres and as a birthplace of the modern asset management industry.
"There has always been a strong Scottish cohort within CVC’s leadership, so we are particularly proud to be putting down roots here.
"Edinburgh combines a remarkable financial heritage with a thriving, modern professional community.
"We’re starting with a small team, but we see real potential to grow our presence here."
A spokesperson for CVC Capital Partners said: "The new office provides a modern and convenient workspace for collaboration across the CVC network and reflects CVC’s continued investment in its global platform."
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