Exclusive: Advent readies new $2.2 billion Latam private equity fund - sources
Exclusive: Advent readies new $2.2 billion Latam private equity fund – sources
SAO PAULO (Reuters) – U.S. private equity firm Advent International Corp is preparing to launch a $ 2.2 billion fund to invest in Latin American companies, two people with knowledge of the matter told Reuters.
The fund launched in coming days will be Advent’s seventh for Latin America and its largest for the region. Advent’s last Latin American fund reached $ 2.1 billion in commitments in 2014.
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