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Advent International Raises $2 Billion for Seventh Private Equity Fund Dedicated to Latin America

Advent International Raises $2 Billion for Seventh Private Equity Fund Dedicated to Latin America

09/29/20, 10:03 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgboston
Money raised
$2 billion
Advent International, one of the largest and most experienced global private equity investors, today announced that it has completed fundraising for Advent Latin American Private Equity Fund VII (“LAPEF VII” or the “Fund”). LAPEF VII received $2 billion in commitments from institutional investors worldwide.

Company Info

Company
Advent International
Location
boston, massachusetts, united states
Additional Info
Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in more than 360 private equity transactions in 41 countries, and as of June 30, 2020, had $58 billion in assets under management, excluding the $2 billion raised for LAPEF VII. With 15 offices in 12 countries, Advent has established a globally integrated team of over 200 investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services; healthcare; industrial; retail, consumer and leisure; and technology. After more than 35 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies. For more information, visit www.adventinternational.com or www.linkedin.com/company/advent-international.

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