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Advent International to increase number of deals, make bigger investments

Last month, Advent closed its largest global fund called "GPE IX" at $17.5 billion

Shweta Jalan, MD of Advent India  	PHOTO:Advent
Shweta Jalan, MD of Advent India PHOTO:Advent

Over a decade after it set up shop in India, Boston-based Advent International is geared to accelerate the number of deals and size of investments across key focus areas such as consumer industries, financial services, health care and information technology.   Last month, Advent closed its largest global fund called “GPE IX” at $17.5 billion.   The fund will adopt the same strategy as its eight earlier funds — buyouts, corporate carve-out, public-to-private, and growth equity transactions, especially in Europe and North America, and selectively in Latin America ...