– Advent raised $30 billion across its global fund complex, comprising nearly $27 billion for its 11th flagship fund, GPE XI, surpassing its $26 billion target, and over $3 billion for its new Mid-Market Private Equity Fund.
– The fundraising attracted a significant number of new investors, alongside strong support from existing LPs, reflecting confidence in Advent’s pure-play private equity model.
– 2026 is among Advent’s most active years for realizations, with approximately $13 billion realized across 27 businesses and $10 billion invested across 38 new and existing businesses, including closed and pending deals.
– James Brocklebank, Managing Partner and Co-Chair of Advent’s Executive Committee, highlighted the importance of partnering with outstanding management teams to build lasting companies, adding that investor confidence reflects Advent’s consistent track record and disciplined approach to returning capital.
– John Maldonado, Managing Partner and Co-Chair of Advent’s Executive Committee, emphasized the firm’s commitment to deepening its sector expertise, expanding its platform and leveraging local market knowledge to identify differentiated investment opportunities.
– GPE XI will maintain the strategy of its predecessors, with flexibility across geographies, sectors, deal types and sizes, focusing primarily on Europe and North America while continuing to expand in Asia Pacific and Latin America.
– Advent’s global platform comprises more than 290 investment professionals across five core sectors: business and financial services, consumer, healthcare, industrial and technology.
– The firm will continue to focus on areas where it has a strong track record, including complex corporate carve-outs and public-to-private transactions.
– Commitments came from a diversified investor base, including public and private pension funds, sovereign wealth funds, endowments and foundations, institutional fund managers, family offices and high-net-worth individuals.
