The Treasury is also consulting on plans to change the rate of carried interest, which is currently taxed as a capital gain at between 18pc and 28pc. Carried interest, which is similar to a bank bonus, is a share of the profits generated by each fund if they exceed a certain performance threshold. 

Mr Lucas’s comments came as CVC’s partners earned €108.7m (£91m) in carried interest and performance fees for the six months to July, up from €83.3m last year. 

Management fees, which are flat service fees paid to manage money, jumped by 21pc to €444m following a surge in dealmaking.

However, Mr Lucas shrugged off the threat of carried interest changes and said it would not have a significant effect on his business. 

“We’re waiting to see, but we don’t see it having any impact on the business of CVC,” he said. 

Fred Watt, CVC’s chief financial officer, said he was confident that Sir Keir Starmer’s Government would ensure that the UK remains competitive. 

“I’m sure the Government will be taking all of this into account to make sure that Britain doesn’t become less competitive, or a place where people don’t want to invest,” he said.

CVC, founded in London in 1981, is one of Europe’s largest private equity firms with €193bn of assets under management. 

The group floated on the Amsterdam stock market earlier this year, raising its public profile and delivering a paper fortune of €10bn for its partners.

The company said revenues rose 13pc to €621m in the first half of the year, pushing profits up by 16pc to €340m.