Press Release May 25, 2022

Advent International Raises $25 Billion for 10th Global Private Equity Fund

The Private Investment Funds team advised Advent International on its fundraising for its flagship fund, Advent International GPE X. The fund reached its hard cap of $25 billion in commitments after less than six months in the market.

Advent is one of the largest and most experienced global private equity investors.

Together with GPE X’s companion fund, Advent Tech II, the firm has raised over $30 billion in commitments in approximately 12 months from its limited partners and internal capital from Advent.

The Goodwin team was led by David Watson, James Donohue, and Mirela Hristova, and included Karen Chao, Michael Aluko, Adam Sussman, Amy Johnson, Michelle Kim, Evin Luongo, Tony Mu, Joe Baron, Jessica Taubman, Kendall Thielemann, Arturo Cruz, Benjamin Anderson, William Koch, Patricia Burris, Marissa Buccafusco, Reed Carroll, Soo Min Jeong, Tiffany Li, Ahmed Abdelhamid, Chris Adeigbo, Julia Berryman, Kim Rodriguez and Samantha Reeves.

For more details, read the press release and article in Bloomberg.