Buyout

So far in 2026, Advent has generated a massive $12bn-plus of proceeds from realizations, sources with knowledge of the matter told Buyouts.

PE represented about 7.2% of the total portfolio as of December, down from 7.8% percent the prior year, according to its latest annual report.

The Pittsburgh-based firm beat its initial target by nearly half.

Head of PE at $38bn pension system believes portfolio’s distributions have fared well in a difficult period for LPs with hefty PE allocations.

Head of PE at $38bn pension system believes portfolio’s distributions have fared well in a difficult period for LPs with hefty PE allocations.

Uncertainty and volatility caused by geopolitical conflict in the Middle East today present both opportunities and challenges to oil and gas dealmaking. In this environment, Kimmeridge has been active.

The firm's US buyout strategy distributed capital at more than double the industry rate, chief executive Harvey Schwartz noted on the firm’s latest results call.

The two funds, launched in mid-2025, are part of TPG’s $94bn Capital platform for large-scale global private equity investing.

The firm began raising capital for its latest flagship, which has a target of $22bn-$25bn, in February.