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Advent races to $13bn hard-cap for Fund VIIIThe global buyout firm has closed its eighth flagship fund $1bn above its target on an overwhelming amount of re-ups.
- Blackstone closes Fund VII on $18bn
The fund exceeded its $17.5bn hard-cap with commitments from more than 250 LPs and $500m from the firm and its employees. It will begin investing in the first quarter of 2016.
- LP Radar - March 2015
See the latest private equity LP updates, including allocation changes and people moves.