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Boston PE firm raises over $30B for two funds - The Business Journals

Reported by Bizjournals
Oct 27, 2026· 1 min read
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Key Takeaways
  • • Advent International raised close to $27 billion for its flagship private equity fund, according to the Boston Business Journal.
  • • The Boston-based global firm also raised over $3 billion for its first dedicated middle-market vehicle, signaling a push into the mid-market segment.
  • • The combined raise exceeds $30 billion across two funds, reported October 27, 2026.
Summary
Boston private equity firm Advent International has raised more than $30 billion across two funds, according to a report by Lucia Maffei, senior reporter at the Boston Business Journal, published October 27, 2026. The global firm raised close to $27 billion for its flagship fund and over $3 billion for its first dedicated middle-market vehicle.

The mid-market fund marks the firm's first dedicated vehicle targeting that segment, consistent with the headline's indication that Advent is eyeing the mid-market. The report is brief and does not disclose further detail on fund terms, investor composition, or target deal sizes, so those specifics should be confirmed against fund filings or the firm's own disclosures.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

Bizjournals Boston PE firm raises over $30B for two funds - The Business Journals