Advent puts $2 bln in latest LatAm fund

Advent puts $2 bln in latest LatAm fund

Funds Equity US Brazil Colombia Mexico Peru Argentina Chile

US private equity firm Advent International said Tuesday that it raised $2 billion for its seventh fund in Latin America with commitments from institutional investors around the world. Advent will focus the Latin American Private Equity Fund VII, or LAPEF VII, on investments in Brazil, Colombia, Mexico and Peru, the countries where it has offices in Latin America, but it "may also invest opportunistically in nearby countries, including Argentina and Chile," the firm said in a press release. The

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