PEI Group Data

The firm’s 2016-vintage Fund VI was producing a 2.03x DPI as of December 2023, according to PEI Group data.

Documents prepared for a US pension shed light on the performance of the firm's growth funds as it seeks $9bn for its 12th vintage.

The new flagship offering's target size is 12% larger than Fund IX, which closed in 2021 on $5.6bn.

As Asia-Pacific’s fundraising slump continues, hopes are being pinned on the southeast.

Find out which investors backed the most funds and which institution types had the highest increase in PE exposure in PEI’s half-year 2024 Investor Report.

Fundraising has recovered in terms of the amount raised, but capital is mostly flowing to top firms, to the detriment of everyone else.

It comes down to strategy, performance and the ability to return proceeds to LPs in a reasonable time frame, according to Alex Wolf, founder and managing partner of Kingswood.

Japan could be in contention for Advent’s next stage of Asia-Pacific expansion after the firm’s newly opened Australia office, India head Shweta Jalan tells PEI.

Exit activity across the industry will continue to pick up over the second half of this year, says the firm’s chairman of Europe Nikos Stathopoulos.

The fund is expected to reach its hard-cap within six months of a first close, held in May, sources told Buyouts, indicating that a final close should take place before year’s end.