Private equity firm CVC bags $4.45 billion so far in sixth Asia-focused fund

Europe-based private equity firm CVC Capital Partners has raised over $4.45 billion so far for its new Asia-focused fund, its latest regulatory disclosure showed.

CVC is targeting to raise $6 billion for the fund, its sixth and largest to date for the region, people familiar with the situation told Reuters.

The firm did not disclose when it will finalize the fundraising in the Tuesday filing to the U.S. Securities and Exchange Commission.