Advent Expands Leadership with 10 New Partners
People | Jan 17, 2025 | Advent International
Advent International has announced the addition of ten new partners to its global leadership team, including eight internal promotions and two new joiners. This announcement comes alongside the celebration of 75 individuals who were promoted within the company as part of its 2024 Promotion Class. With offices spanning five continents and over $93 billion in assets under management, Advent is a global leader in private equity investment with a strategy focused on five key sectors: business & financial services, consumer, healthcare, industrial, and technology. The promotions underscore Advent's commitment to developing internal talent and furthering its ambitious growth strategies. Managing Partners James Brocklebank and John Maldonado both emphasized the firm's dedication to recognizing the impactful contributions of their staff, as well as fostering a culture of collaboration and excellence. The newly promoted partners are set to play crucial roles in the firm's ongoing global operations, bringing diverse expertise from their respective locations including Madrid, Frankfurt, London, Boston, and Hong Kong.
Sectors
- Private Equity
- Investment Management
- Human Resources
Geography
- Global – Advent International operates with offices across five continents, making this a globally relevant announcement.
- United States – Advent is headquartered in Boston, MA, and the article includes partners based there.
- United Kingdom – Advent's London office is significant, serving as a base for multiple new partners.
- Germany – Frankfurt is home to some of the newly promoted partners, highlighting its importance in Advent's European operations.
- Spain – The article mentions Madrid as a location of one of the newly promoted partners.
- Hong Kong – One of the new partners is based in Hong Kong, reflecting Advent's presence in Asia.
Industry
- Private Equity – This article focuses on the activities of Advent International, highlighting its role as a global private equity investor.
- Investment Management – The article discusses Advent's strategic team changes and its management of over USD $93 billion in assets.
- Human Resources – The article covers the promotion and appointment of team members, reflecting HR practices in career development and leadership elevation within a company.
Financials
- USD $93 billion – Assets under management by Advent International as of September 30, 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Advent International | Private Equity Firm | Company | A global private equity investor with a focus on business growth and strategic investments across various sectors. |
| James Brocklebank | Managing Partner and Co-Chair of Advent's Executive Committee | Person | Leader at Advent, instrumental in recognizing and implementing strategic promotions. |
| John Maldonado | Managing Partner and Co-Chair of Advent's Executive Committee | Person | Key executive at Advent, with a focus on enhancing team value and contribution. |
| Ramon Arocena | Investment Team (Madrid) | Person | |
| Johannes Arzner | Investment Team (Frankfurt) | Person | |
| Sergio DAngelo | Investment Team (London) | Person | |
| John DiCola | Investment Team (Boston) | Person | |
| Mike Marshall | Investment Team (London) | Person | |
| Dianne Remanous | Global Chief Human Resources Officer | Person | |
| Abhinav Sharman | Advent Global Opportunities | Person | |
| John Shea | Chief Technology Officer | Person | |
| Xiaoni Shi | Limited Partner Services | Person | |
| Rainer Thuerbach | Investment Team (Frankfurt) | Person |