LATIN AMERICA - Private equity firm Advent International has announced a final close of US$1.65bn in its Latin America Private Equity Fund V (LAPEF V), with 40% of those assets coming from pension fund investors.
LAPEF V was oversubscribed by 25% and is, according to Advent, the largest private equity fund ever raised dedicated to the region. Public pension funds contributed 36% of the total assets, whi...
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