Advent International

HQ: Boston, MA
AUM: $91.6B
STRATEGY: Private Equity
SEC SINCE: 1987

FUNDS

MEDIAN NET IRR

13.3%

MEDIAN TVPI

1.81x

LP SOURCES

FUNDS

FUND	VINTAGE	COMMITMENT	NET IRR	TVPI	DPI	DIVERGENCE	SOURCES
Advent International GPE XI SCSp	2025	$150M	—	—	—	—	5 sourcesOregon OPERF Florida SBA Minnesota SBI CPPIB MainePERS
Advent Global Technology III	2025	$100M	—	—	—	—	Oregon OPERF
Advent International GPE X	2022	$150M	16.5%	1.34x	0.02x	—	12 sourcesCalSTRS Florida SBA Oregon OPERF Minnesota SBI WSIB MD MSRPS Illinois TRS MainePERS LACERS UTIMCO LACERA CalPERS
Advent Global Technology II	2022	$100M	14.2%	1.36x	0.00x	—	5 sourcesCalSTRS Oregon OPERF CalPERS LACERS UTIMCO
Advent International GPE X-A	2022	$728.2M	—	—	—	—	CPPIB
Advent Latin American Private Equity Fund VII	2020	$150M	7.3%	1.21x	0.22x	—	2 sourcesOregon OPERF WSIB
Advent International GPE IX, L.P.	2019	$115M	12.9%	1.64x	0.38x	—	11 sourcesCalPERS CalSTRS Oregon OPERF WSIB Minnesota SBI Florida SBA LACERA MD MSRPS MainePERS LACERS UTIMCO
Advent Global Technology	2019	$50M	8.9%	1.45x	0.14x	—	4 sourcesOregon OPERF LACERS CalSTRS UTIMCO
Advent International GPE IX-H	2019	$735.9M	—	—	—	—	CPPIB
Advent International GPE IX-D SCSp	2018	$150M	—	—	—	—	Florida SBA
Advent International GPE VIII-B	2016	$100M	15.1%	2.06x	1.49x	—	4 sourcesCalPERS WSIB Minnesota SBI PA SERS
Advent International GPE VIII-D L.P.	2016	$150M	15.8%	2.09x	1.41x	—	2 sourcesCalSTRS Florida SBA
Advent International GPE VIII B-2	2016	$35M	15.8%	—	—	—	LACERS
Advent International Global Private Equity VIII	2016	$150M	—	—	—	—	Florida SBA
Advent International Global Private Equity VIII-D	2016	$150M	24.5%	2.18x	0.77x	—	Florida SBA
Advent International VIII	2016	$725M	—	—	—	—	CPPIB
Advent Latin American Private Equity Fund VI	2015	$25M	13.3%	1.80x	0.93x	—	PA SERS
Advent Latin American Private Equity Fund VI C	2015	$75M	12.2%	1.78x	1.04x	—	Oregon OPERF
Advent Latin American Private Equity Fund VI-H, L.P.	2015	$160M	12.2%	1.80x	1.04x	—	WSIB
Advent Latin America PE Fund VI	2014	$20M	12.2%	—	—	—	MainePERS
Advent International GPE VII, L.P.	2012	$90M	13.1%	1.81x	1.73x	—	3 sourcesMinnesota SBI Wisconsin SWIB MainePERS
Advent International GPE VII-B, L.P.	2012	$400M	13.1%	1.80x	1.73x	—	2 sourcesWSIB PA SERS
Advent International GPE VII-C, L.P.	2012	$450M	13.2%	1.81x	1.73x	—	2 sourcesCalPERS Illinois TRS
Advent International GPE VII C	2012	$50M	13.2%	1.81x	1.72x	—	Oregon OPERF
Advent International GPE VII-D LP	2012	$102.3M	13.7%	1.87x	1.87x	—	Florida SBA
Advent International VII	2012	$640M	—	—	—	—	CPPIB
Advent International GPE VII B	2012	$30M	13.1%	—	—	—	LACERS
Advent Latin American Private Equity Fund V, L.P.	2010	$100M	1.5%	1.10x	0.90x	—	2 sourcesWSIB PA SERS
Advent International GPE VI A	2008	$100M	16.3%	2.09x	2.01x	—	3 sourcesOregon OPERF PA SERS LACERS
Advent International GPE VI L.P.	2008	$135M	15.4%	2.00x	1.91x	—	3 sourcesWSIB CalSTRS Illinois TRS
Advent International GPE VI-A, L.P.	2008	$50M	16.3%	2.02x	1.95x	—	3 sourcesCalPERS Minnesota SBI MD MSRPS
Advent International GPE VI-D LP	2008	$58M	16.6%	2.09x	2.09x	—	Florida SBA
Advent Latin American Private Equity Fund IV, L.P.	2007	$25M	8.7%	1.50x	1.42x	—	2 sourcesWSIB PA SERS
Advent International GPE V-D, L.P.	2005	$81.1M	42.7%	2.42x	2.42x	—	CalPERS
ADVENT INTERNATIONAL GPE VIII LP	—	$50M	15.5%	—	—	—	2 sourcesWisconsin SWIB MainePERS

›4 FUNDS WITH LIMITED DATA

These funds appear in LP disclosures (typically commitment-only records) but lack reported performance metrics. Click any fund to see its underlying reports.

FUND	VINTAGE	COMMITMENT	NET IRR	TVPI	DPI	DIVERGENCE	SOURCES
Advent International GPE VIIIB	—	—	—	—	—	—	MD MSRPS
Advent International GPE XI-E SCSp	—	$500M	—	—	—	—	WSIB
EMERGING MARKETS EQUITY SERIES	—	—	—	—	—	—	4 sourcesBoard Of Trustees,construction Laborers Pension Trust For Southern Ca Board Of Trustees, Desert States Employers & Ufcw Board Of Trustees Of Twin City Pipe Trades Pension Trust B/O/T United Association National Pension Fund
INTERNATIONAL EQUITY FUND	—	—	—	—	—	—	6 sourcesBoard Of Trustees Pension Fund Of Heat And Frost Insulators Local 12 Brd Of Trustees Oe 37 S&a Fund Plumbing & Pipefitting Ind Afl Bac Local No. 1 Washington Pension Trust Board Of Trustees Teamsters Local 945 Pension Fund Apartment Employees' Pension Trust

DATA PROVENANCE

Every figure on this page comes from a public LP disclosure. The following pension systems reported on Advent International.

LP SOURCE	LATEST REPORT	REPORTS	DISCLOSURE
Minnesota SBI	Dec 2025	6	VIEW SOURCE ↗
CPPIB	Sep 2025	5	VIEW SOURCE ↗
CalPERS	Sep 2025	7	VIEW SOURCE ↗
MainePERS	Sep 2025	6	VIEW SOURCE ↗
Oregon OPERF	Sep 2025	10	VIEW SOURCE ↗
WSIB	Sep 2025	10	VIEW SOURCE ↗
UTIMCO	Aug 2025	4	VIEW SOURCE ↗
CalSTRS	Jun 2025	6	VIEW SOURCE ↗
Florida SBA	Jun 2025	141	VIEW SOURCE ↗
Illinois TRS	Jun 2025	3	VIEW SOURCE ↗
LACERS	Jun 2025	7	VIEW SOURCE ↗
MD MSRPS	Jun 2025	4	VIEW SOURCE ↗
MA PRIMmanager list	Jun 2025	—	VIEW SOURCE ↗
LACERA	Mar 2025	2	VIEW SOURCE ↗
Wisconsin SWIB	Dec 2024	2	VIEW SOURCE ↗
PA SERS	Sep 2024	6	VIEW SOURCE ↗
Texas TRSmanager list	Aug 2024	—	VIEW SOURCE ↗
B/O/T United Association National Pension Fund	Jun 2024	1	—
Board Of Trustees Of Twin City Pipe Trades Pension Trust	Apr 2024	1	—
Apartment Employees' Pension Trust	Dec 2023	1	—
Bac Local No. 1 Washington Pension Trust	Dec 2023	1	—
Board Of Trustees Pension Fund Of Heat And Frost Insulators Local 12	Dec 2023	1	—
Board Of Trustees Teamsters Local 945 Pension Fund	Dec 2023	1	—
Board Of Trustees, Desert States Employers & Ufcw	Dec 2023	1	—
Board Of Trustees,construction Laborers Pension Trust For Southern Ca	Dec 2023	1	—
Brd Of Trustees Oe 37 S&a Fund	Dec 2023	1	—
Plumbing & Pipefitting Ind Afl	Dec 2023	1	—
Ohio STRSmanager list	Jun 2023	—	VIEW SOURCE ↗