Advent International has closed its sixth global buyout fund with $10.4 billion in capital commitments. It had originally targeted $7.6 billion, and received over $15 billion in requested subscriptions. Limited partners include Canada Pension Plan Investment Board, GIC Special Investments, AlpInvest Partners, Pantheon, California State Teachers' Retirement System, SL Capital Partners, Universities Superannuation Scheme and Partners Group.
Advent International, one of the world's most global private equity firms with buyout offices in 15 countries, today announced the final close of its sixth global buyout fund at the hard cap of $10.4 billion (