Advent raises US$13b global buyout fund, beating expectations

[LONDON] Private-equity firm Advent International Corp has raised US$13 billion for its latest fund, exceeding a US$12 billion fundraising target in spite of escalating market turmoil. One of the world’s larger buyout firms, Advent took just six months to secure the money for its eighth fund, according to a statement on Tuesday.


Read all

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.