Advent International – Closing of Ninth Fund


Global private equity firm, Advent International, has sealed a $17,500m hard-cap final close on its ninth global buyout fund, GPE IX, a 35% increase over its eight fund which closed at $13,000m in 2016. GPE IX will target buyout, corporate carve-out and growth equity deals in the firm’s core sectors of business and financial services, healthcare, industrial, retail and consumer, and technology, media and telecoms.