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, while...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
