Mon, Jul 28, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Financials

Sovereign wealth funds bolster Advent’s fundraise

Posted on 13 November 2012

Advent International closed its seventh global buyout fund with €8.5 billion ($10.8 billion), an achievement in what has been a challenging time for private equity firms to raise funds following the financial downturn in 2008, sister magazine Buyouts reported earlier today.
Advent launched the fundraise in March, though it had begun pre-marketing in late 2011, Managing Partner David Mussafer told Buyouts. The firm ended up turning away capital: Investors in the final close had to scale back their commitments by 50 percent or more, according to the firm. Nonetheless, Advent experienced different market dynamics from the last time it raised a fund………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14466 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031