What changed
The Fund sold 399,864 Class R-S Units for $49,232,710 and 247,835 Class R-I Units for $30,659,026, totaling approximately $79.9 million in aggregate consideration. The sales were part of the Fund's continuous private offering and were exempt from registration under Section 4(a)(2) and Regulation D. Units were also sold to investors through CVC-PE Global Private Equity Fund (TE), LP, formed for tax-exempt and non-U.S. investors.
Why it matters
The Fund sold 399,864 Class R-S Units for $49,232,710 and 247,835 Class R-I Units for $30,659,026, totaling approximately $79.9 million in aggregate consideration. The sales were part of the Fund's co