Advent International closes ninth fund at $17.5b hard cap, may invest more in Asia

Advent International closes ninth fund at $17.5b hard cap, may invest more in Asia

Photo: Reuters

Global private equity firm Advent International has closed its ninth vehicle, GPE IX, at the hard cap of $17.5 billion, surpassing its initial target of $16 billion after six months in the market, it said in a statement on Thursday.

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