Advent’s Mussafer: There’s stress in system amid optimism for 2024

Advent chairman and managing partner David Mussafer sat down with PEI’s Madeleine Farman on the sidelines of PEI Group’s Nexus 2024 summit.

2023 was a “balanced year” for Advent International with around $8 billion of realizations and around the same amount deployed into new investments, chairman and managing partner David Mussafer said on the sidelines of PEI Group’s NEXUS 2024 summit.

“This year, hopefully, we’ll see more realizations than new investments as we’re seeing some of those opportunities… unlock,” Mussafer said.