![Advent International: We could have raised $20bn](https://assets.fnlondon.com/2016/03/IMG010356_full4x3.jpg)
Boston-based private equity firm Advent International has closed its latest global buyout fund on its $13 billion upper limit – exceeding the vehicle's $12 billion target.
The firm, which raised Advent International GPE VIII Limited Partnership in just six months, has collected far more than its previous fund, which closed on $10.8 billion in 2012.