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Track Record
Built on exits, not projections.
Four funds. 38 realized exits. $190M+ returned to investors across CVC funds and DST investments. Every number on this page is from actual performance — not a model.
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Fund Performance
A decade of realized returns.
Nearly 90% of Fund I and II investors reinvested in subsequent funds. The clearest signal of what the people who have been through a full cycle with CVC actually think about the experience.
*Fund I Gross IRR, fully realized. Gross IRR is presented before fund-level fees, expenses, and carried interest; net returns to investors are lower. Operating fund returns (Fund II, III, IV) are not finalized and not displayed; any forward-looking performance estimates would be projections only and are not guaranteed. Distributions reflect cumulative payments to investors as of Q1 2026. Total LP distributions across CVC funds and DST investments under CVC: $180M+. Past performance is not indicative of future results.
Selected Case Studies
What the operating platform actually does.
Three properties across Fund II and Fund III. Each represents a different value-add playbook — rate discipline, community investment, or patient lease-up — executed through the same in-house team.
Fund III · Self-Storage
Self-Storage Facility
Florida
Acquired
Jun 2022
Price
NOI at Acquisition
Current NOI
What CVC Did
The property was severely under-market at acquisition. We repaired and integrated the gate system into our operating software, making the facility the only gated property in the surrounding area — a differentiator that allowed us to retain high occupancy while pushing rates (31.8% increase in year one, ~10% annually since). We also implemented tenant insurance, late fees, and administrative fees the previous owner had left uncollected. Tenant insurance penetration now sits at 93.94%, one of the highest in our portfolio.
NOI Growth
Above Year 4 Underwriting
Current Occupancy
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Fund II · Manufactured Housing
Manufactured Housing Community
Michigan
Acquired
Aug 2020
Price
NOI at Acquisition
Current NOI
What CVC Did
An unkempt community with high delinquency, deferred road work, and outdated utility metering when we acquired it. Our team worked through the eviction process under Michigan state regulation to improve long-term cash flows and back-fill with paying residents. Capital improvements included road and asphalt repairs and upgraded metering for accurate utility reimbursement (now collecting 98-99%). Rate increases of 17.2% in year one and an average of 10% per year since kept pace with the local market.
Consistent upkeep — landscaping, road maintenance, common area improvements, home removals, amenity upgrades — drove resident satisfaction, occupancy, home sales, and retention while protecting long-term asset value.
NOI Growth
Current Occupied Sites
Refinanced
Supplemental Loan 2023
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Fund III · Self-Storage
Self-Storage Facility
Minnesota
Acquired
Sep 2021
Price
NOI at Acquisition
Current NOI
What CVC Did
A newly built facility in a college town requiring a heavy lease-up. We held rates low to drive occupancy in the early years — only pushing rate once occupancy stabilized. Stiff cost control during lease-up protected unit economics. We reduced the staffing model from three to one full-time manager, sharing operational coverage with a sister property nearby.
Local marketing — community outreach, business partnerships, signage, referrals, and a strong onsite presence — drove awareness and traffic. Tenant insurance penetration at 64.15% continues to grow alongside occupancy.
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Occupancy Growth
Ancillary Income Added
NOI Turnaround
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What Investors Say
The people who’ve been through a full cycle.
“CVC is one of the few sponsors where the sponsor economics and the LP economics are actually pointed in the same direction.”
Kim
Fund III · Healthcare Professional
[Investor testimonial placeholder — to be sourced. Suggested: the cost-seg CPA who became an LP after performing diligence on Fund II.]
[First name]
[Fund · Professional context]
[Investor testimonial placeholder — to be sourced. Suggested: the LP who made a mid-seven-digit Fund III commitment.]
[First name]
[Fund · Professional context]
Target: 3–5 fully attributed testimonials for this section
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The full track record is in the deck.
Fund-by-fund performance, realized exits, current portfolio metrics, and the Fund IV offering overview. One request, one business day.
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