Advent International — funds, providers and filings

The US-reported view

The sections below draw on US regulatory filings — SEC Form ADV and Form D — and on US investors' own disclosures. They set out Advent International's US-reported slice: the funds, service providers, domiciles and activity visible in US filings, not its worldwide business.

1. US-SEC private funds

This page reports $91.0bn of gross asset value across 251 private funds that Advent International reports on SEC Form ADV, filings through 2024. Its firm-wide figures are in the Assets summary at the top of this page, measured on a different basis.

Worldwide, 23 registered fund vehicles are on file under its management companies, on the worldwide entity register (read 2026-10-05) — these are legal fund entities, not the share classes or products a manager markets.

2. Service providers

Deloitte audits 191 of the 251 Advent International funds that name an auditor on Form ADV Schedule D, filings through 2024 — more than any other firm. Aztec Financial Services (Luxembourg) S.A. administers 15 of the 15 that name an administrator, on the same filings. Relationships the filings attribute to Advent International's own group are part of its structure, not third-party appointments, and are left out of these counts.

Across the funds that disclose each role on Schedule D — the count is funds naming that provider, of funds disclosing the role at all:

3. Fund domiciles

131 of Advent International's 251 SEC-reported private funds are domiciled in Delaware, its largest single domicile on Form ADV, filings through 2024. Cayman Islands is next, and the bars below give the rest in order.

4. Fund performance

Every figure here is a disclosing pension plan's own, on that plan's own reporting date. Nothing is blended into a manager-level return, because no plan published one.

Per-fund net IRR, multiple and DPI as disclosed by the pension plans invested in the funds — the LPs' own numbers, on their own dates, not the manager's. One row per plan disclosure. Where two plans hold the same fund and report different numbers, both rows show, with their dates:

Young vintages sit in the J-curve: an early negative IRR mostly reflects fees drawn before value is realised, and is not a verdict on the fund.

5. Known LP investors, from their own disclosures

CalPERS (6), Minnesota SBI (6), Washington WSIB (6), Oregon OPERF (5), CalSTRS (4) — the count is this manager's funds appearing in that plan's disclosure.

6. Management entities

Advent International files Form ADV through 1 management entity; the largest is Advent International, L.P., CRD 105673 of BOSTON, with 251 of the 251 funds on this page. Every figure above rolls those filers up into one business. The table below traces each of them back to the entity that filed it, so a number can be checked against its own record rather than taken on trust.

7. Similar managers

• General Atlantic — also names Deloitte as auditor on 221 of its funds (its Form ADV)
• Sixth Street — also names KPMG as auditor on 121 of its funds (its Form ADV)
• Madison Dearborn — also names Deloitte as auditor on 51 of its funds (its Form ADV)
• One Rock Capital — also names Deloitte as auditor on 14 of its funds (its Form ADV)
• OrbiMed — also names KPMG as auditor on 30 of its funds (its Form ADV)
• Vestar Capital — also names Deloitte as auditor on 83 of its funds (its Form ADV)