Advent International is nearing a final close on a $26bn flagship buyout fund, positioning it among the largest private equity vehicles raised globally in recent years, according to a report by Bloomberg citing unnamed people familiar with the matter. The Boston-headquartered firm has been fundraising for around 18 months and is now approaching completion of the process, though no formal announcement has yet been made. The new fund would slightly exceed the size of its prior flagship vehicle, which closed at $25bn in 2022, reinforcing the firm’s position among the largest global buyout managers.
Read the full article: Advent International Closes in on $26B Mega Buyout Fund //
Source: https://www.privateequitywire.co.uk/advent-international-closes-in-on-26bn-mega-buyout-fund/