SHARING CONTENT ABOUT: PRIVATE EQUITY VENTURE CAPITAL HEDGE FUNDS INVESTMENT BANKING, AND HOLLYWOOD
Resilient Media Entertainment
Monday, November 12, 2012
Advent Closes on Biggest Buyout Fund Launched Since Crisis
Some investors remain bullish on buyouts. Advent International announced Monday it had closed a $10.8 billion fund for global buyouts, the largest fund designed for buyouts to be launched since the financial crisis, according to data-provider Preqin. The fund, dubbed Advent Global Private Equity VII, would be the second-biggest closing of any private-equity run fund launched since the crisis, Preqin said, losing out only to Blackstone’s 7th real-estate fund that raised $13.3 billion and closed last month.
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