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Avance Investment Management Closes Maiden Fund, at More Than $1 Billion

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!

Avance racks up $1 1bn for inaugural fund

Avance Investment Management announced the final closing of its inaugural fund, Avance Investment Partners, and affiliated vehicles, with aggregate capital commitments of approximately $1.1 billion, significantly above the original target of $500 million.

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