# Advent International, L.P.

> Advent International, L.P. is an SEC-registered investment advisory firm in Boston, MA, registered since 1987, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 14, 2026.

- CRD: 105673
- Filed as: ADVENT INTERNATIONAL, L.P.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Boston, MA
- Filing period: October 2026
- Form ADV filing dated: August 14, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/105673
- AdvisorCensus page: https://advisorcensus.com/firm/advent-international-l-p-boston-ma-105673

## Quick answers

**How is Advent International, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Advent International, L.P. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**Where is Advent International, L.P. located?**
Advent International, L.P.'s principal office is in Boston, MA, according to its Form ADV; the September 2026 filing also lists 2 other offices (Schedule D, Section 1.F).

**Is Advent International, L.P. registered with the SEC or a state?**
Advent International, L.P. is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 105673.

**How much does Advent International, L.P. manage?**
Advent International, L.P. reports $91,634,619,258 in regulatory assets under management in its Form ADV filing dated August 14, 2026 (100% discretionary).

**How have Advent International, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Advent International, L.P.: Regulatory assets under management: $76,156,413,908 in the October 2021 data and $91,634,619,258 in the October 2026 data, up 20%. Total employees: 215 in October 2021 and 262 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Advent International, L.P. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (133).

**Does Advent International, L.P. report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.G (pending regulatory proceeding). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105673

**What changed in Advent International, L.P.'s recent Form ADV filings?**
In the September 2026 filing data: Item 11 disclosure answers changed: 1 yes answer, previously 0 (now yes: 11.G).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $91,634,619,258
- Discretionary: $91,634,619,258
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 133 | $91,634,619,258 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 1987 (39 years)
- Employees: 262 total, 103 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, MA, NY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.G: Is the firm or an advisory affiliate now the subject of a regulatory proceeding that could result in a yes answer to any part of 11.C, 11.D, or 11.E?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/105673

### Other offices (Schedule D, Section 1.F), as of the September 2026 filing
- New York, NY
- Palo Alto, CA

### Websites listed on Form ADV (Item 1.I)
- adventinternational.cn
- adventinternational.co
- adventinternational.co.in
- adventinternational.co.uk
- adventinternational.com
- adventinternational.com.br
- adventinternational.com.cy
- adventinternational.de
- adventinternational.es
- adventinternational.fr
- adventinternational.hk
- adventinternational.lu
- adventinternational.mx
- adventinternational.nl
- adventinternationalfm.lu
- adventinvestmentadvisory.de
- adventtech.com
- Instagram @adventintl
- LinkedIn @advent-international
- X @ADVENTINT
- YouTube @AdventInternationalPrivateEquity

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $76,156,413,908 | 215 | March 31, 2021 |
| October 2022 | $88,291,762,750 | 213 | March 31, 2022 |
| October 2023 | $91,674,441,516 | 236 | July 13, 2023 |
| October 2024 | $86,970,336,521 | 247 | March 30, 2024 |
| October 2025 | $82,519,284,739 | 267 | March 31, 2025 |
| October 2026 | $91,634,619,258 | 262 | August 14, 2026 |

Regulatory assets under management: $76,156,413,908 in the October 2021 data and $91,634,619,258 in the October 2026 data, up 20%.
Total employees: 215 in October 2021 and 262 in October 2026.

## Changes in the filing (last 12 months)

### September 2026
- Item 11 disclosure answers changed: 1 yes answer, previously 0 (now yes: 11.G).

### April 2026
- Employees performing advisory functions went from 104 to 103.
- Regulatory assets under management went from $82,519,284,739 to $91,634,619,258 (+11%).
- Changed its office addresses in New York, NY.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Advent International, L.P. (CRD 105673): Form ADV filing data as of October 2026.