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KM Financial Solutions | UPDATE 1-Advent raises $2 billion debut technology private equity fund
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UPDATE 1-Advent raises $2 billion debut technology private equity fund

17 Sep UPDATE 1-Advent raises $2 billion debut technology private equity fund

Posted at 14:04h 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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