Azerbaijan President Ilham Aliyev Meets CVC Capital Partners' Co-Founder Rolli Van Rappard

On May 29, President Ilham Aliyev of Azerbaijan hosted Rolli Van Rappard, the co-founder and chairman of CVC Capital Partners, one of Europe's leading investment firms. The meeting underscored the robust collaboration between CVC Capital Partners and the State Oil Fund of the Republic of Azerbaijan.

During the meeting, Van Rappard expressed his admiration for Azerbaijan's significant achievements across various sectors. He highlighted the successful partnership with the State Oil Fund, which has seen fruitful outcomes over the years. Van Rappard conveyed his confidence in further strengthening this relationship in the future.

Why this matters: This meeting between Azerbaijan's President and CVC Capital Partners' co-founder highlights the country's efforts to strengthen international partnerships and attract foreign investment, which can have a significant impact on its economic growth and development. The success of this partnership can lead to increased economic cooperation and investment opportunities between Azerbaijan and other countries.

President Aliyev reciprocated the sentiments, praising the collaboration between CVC Capital Partners and the State Oil Fund. He emphasized that the State Oil Fund's operations are continuously expanding, with its assets increasing even in volatile financial markets. Aliyev noted the favorable environment for further strengthening the existing relations.

Founded in 1981, CVC Capital Partners manages approximately €186 billion in assets across various investment strategies, including private equity, private credit, and infrastructure. The firm operates from its headquarters in Luxembourg and has more than 40 offices worldwide, employing over 850 people.

The meeting between President Aliyev and Van Rappard highlights the ongoing efforts to cultivate international partnerships and attract foreign investment into Azerbaijan. The State Oil Fund's collaboration with CVC Capital Partners serves as a demonstration of the country's commitment to economic growth and diversification.

The discussions between President Ilham Aliyev and Rolli Van Rappard highlight the mutual benefits and potential for future cooperation between Azerbaijan and CVC Capital Partners. Both parties expressed optimism about the continued success and expansion of their partnership.

Key Takeaways

• Azerbaijan's President Ilham Aliyev met with CVC Capital Partners' co-founder Rolli Van Rappard.
• The meeting highlighted the successful partnership between CVC and the State Oil Fund of Azerbaijan.
• The partnership aims to strengthen international partnerships and attract foreign investment.
• CVC Capital Partners manages €186 billion in assets across various investment strategies.
• The meeting demonstrated Azerbaijan's commitment to economic growth and diversification.