The Economic Times

Advent International raises $30 billion, including nearly $27 billion for its 11th flagship buyout fund

Advent International has successfully raised $30 billion, with $27 billion designated for its latest flagship fund. The new mid-market strategy has received over $3 billion in commitments since its launch in March. Advent plans to target equity investments between $100 million and $350 million in smaller companies across North America and Europe. Additionally, the firm has made significant investments in India, totaling over $5.6 billion across various sectors.