Report
Advent raises $30 billion across buyout and mid-market funds
The Economic Times reports India will remain Advent’s largest Asian market, while its flagship fund exceeded its fundraising target.
TLDR
Advent raised $30 billion across its flagship buyout fund and a newer mid-market fund, Bloomberg reports. Nearly $27 billion went to the flagship fund, exceeding its target. The Economic Times reports that Advent expects India to remain its largest Asian market; its $3 billion mid-market fund will focus primarily on smaller buyouts and growth investments in North America and Europe.
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