Advent eyes Latin America with $1.3bn fund

Gavin Lipsith

30-Jul-2007

The Dufry owner will target high-growth investments in sectors including airports and retail in Mexico, Brazil and Argentina

Dufry Group owner Advent International has raised a new $1.3bn fund to target acquisitions in Latin America. The private equity company will look for opportunities in Mexico, Brazil and Argentina, and will examine high-growth sectors including airports and retail.

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