Record LatAm-Focused PE Fund Underlines Risk Appetite In Region

In a place where private equity (PE) has no real history as an asset class, the successful close of the biggest Latin American-focused PE fund to-date is a watershed moment for the region. Coming on the back of a sobering year for PE in Latin America last year, in which investments fell 29%, Advent International 's raising of a US$1.65bn fund is indicative of BMI 's bullish view on key Latin American markets.

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