Advent International raises $25b for 10th global PE fund

Advent International raises $25b for 10th global PE fund

Photo: REUTERS/Beawiharta

Private equity major Advent International announced that it has raised a total of $25 billion for its flagship fund, Advent International GPE X, after less than six month in the market.

The fund, which reached its hard cap, is Advent’s largest ever fundraise and brings the firm’s total assets under management to over $100 billion.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter