Key facts
- Advent raised $30 billion across its latest fund complex.
- GPE XI, the flagship buyout fund, secured $27 billion.
- A new mid-market strategy received over $3 billion in commitments.
- GPE XI will focus on Europe and North America, expanding in Asia-Pacific and Latin America.
- The mid-market strategy targets companies with enterprise values up to $1.25 billion.
Advent International raised $30 billion across its latest fund complex on Tuesday, defying a sluggish exit market. The firm secured $27 billion for its 11th global private equity fund, GPE XI, which is the largest buyout fund closed so far in 2026. Additionally, Advent garnered over $3 billion in commitments for a new mid-market strategy launched in March. GPE XI will invest in Europe and North America, while the mid-market vehicle will focus on companies with enterprise values up to $1.25 billion.