Fund and corporate services provider, the Aztec Group, has supported longstanding client, Advent International (Advent), with the fundraising activities and final close of its 10th global private equity fund, Advent International GPE X (GPE X).
Raising $25 billion in commitments after less than six months in the market, it marks Advent’s largest-ever fundraise and brings the firm’s assets under management to over $100 billion. Similar to its predecessor GPE funds, GPE X will have the flexibility to deploy capital across various geographical regions, business sectors, deal types and sizes.
Advent is one of the largest and most experienced global private equity investors. In approximately 12 months, together with GPE X’s companion fund, Advent Tech II, the firm has raised over $30 billion in commitments from its limited partners and internal capital.
Read more: Private Equity Wire
Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.