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KM Financial Solutions | Advent raises $2 billion debut technology private equity fund
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Advent raises $2 billion debut technology private equity fund

17 Sep Advent raises $2 billion debut technology private equity fund

Posted at 10:00h in News by
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U.S. private equity firm Advent International said on
Wednesday it has completed fundraising for its first technology
fund after six months, with total investor commitments reaching
its cap of $2 billion.
The buyout firm said the fund, Advent Global Technology, will
invest in companies in the software and data sectors, primarily
in North America and Europe. Reuters reported on Advent’s being
close to completing the fundraising in July.

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