Elvinger Hoss Prussen and Elvinger New York represented Advent International in matters related to Luxembourg law in the establishment of its most recent flagship fund

Advent International (“Advent”), one of the largest and most experienced global private equity investors, today announced that it has completed fundraising for its flagship fund, Advent International GPE X (“GPE X” or the “Fund”). The Fund reached its hard cap of $25 billion (€22.1 billion) in commitments after less than six months in the market.

Together with GPE X’s companion fund, Advent Tech II, the firm has raised over $30 billion in commitments in approximately 12 months from its limited partners and internal capital from Advent.

Elvinger Hoss Prussen's teams were led by partners Jérôme Wigny (Funds) and Katia Panichi (Fund Finance). The Elvinger New York team, comprised of Senior Associate Jean-Thomas Pradillon and Law Clerks Kelly Castex and Olivier Malherbe, was led by partner Nicolas Fermaud (Funds).