Advent International related stories
All articles and analysis
HIG managing director joins Highland CapitalPeter Cornetta, who had been with HIG since 2003, will focus on the $300m Highland Consumer Fund.
- NY Common partners with industry legend
The New York state pension will allocate $250m to a joint venture with former Parish Capital executive Robert Azeke and the founder of Advent International, Peter Brooke.
- EMEA buyouts down in 2012
Despite a surge in overall M&A in the fourth quarter, a recent study found European private equity posted negative growth in activity for the whole of last year.
- USS expands co-investment team
The Universities Superannuation Scheme (USS) has hired Robin Filmer-Wilson as it plans to increase its co-investment activity.
- Bridgepoint appoints former Marks & Spencer chief
Sir Stuart Rose, Marks and Spencer’s former boss, will become chair of UK clothing chain Fat Face nearly six years after Bridgepoint acquired the company.
- Advent closes second office in a week
The Boston-headquartered firm, which closed its Istanbul office last week, blamed slow deal activity in recent years for the decision to close its Milan office.
- Advent closes Turkish office
The decision by the Boston-headquartered firm – which opened its Istanbul outpost in 2010 – underlines the immediate challenges facing the market, says Deloitte’s Mehmet Sami.
- Standard Life's listed trust posts 1.3% NAV increase
The listed fund of funds – whose recent commitments include funds from Advent, IK, Charterhouse and Towerbrook – recorded a slow-down in distributions and capital calls in the fourth quarter.
- Nexus Group collects $372m for Fund II
The Peru-based firm, which closed its debut fund on $320m in 2011, is targeting $600m for its second investment vehicle.
- Villere to leave strong portfolio in Tennessee
Lamar Villere, head of private equity at Tennessee's state pension, will leave the system in June, having gained unprecedented access to top managers in the downturn.