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Advent Nearing Close of Sixth Latin American Private Equity Fund

5 September 2014

(Dow Jones) Advent International expects to wrap up fundraising for its sixth Latin American private equity fund, for which it is targeting US$2b, by late September, according to a presentation delivered by the firm to the Washington State Investment Board on Sept. 4.

Fundraising for Advent Latin American Private Equity Fund VI launched in May, the presentation slide deck reviewed by Dow Jones indicates. Firm executives expect to conclude the fundraising process in late September, according to briefing slides for Washington State pension fund board members. Read more at Dow Jones.