Australia’s Advent raises $184m for Fund VI
Australian GP Advent Private Capital has reached a final close of approximately A$200 million ($184 million) on its sixth fund. The corpus is smaller than Fund V, which raised A$300 million in 2006, but the new fund will rely on co-investment from LPs to execute a similar strategy to its predecessor.
"Advent 6 has secured the support of all of the key active Australian PE advisors and fund-of-funds, together with several prominent international fund-of-funds and pension funds," Rupert Harrington, the...
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