Advent partner says firm 'excited' about Brazil despite headwinds

April 7, 2015 7:00 PM

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RIO DE JANEIRO, April 7 (Reuters) - Advent International Corp, the private equity firm that last year raised the largest-ever Latin America-focused fund, is "really excited" by the outlook for activity in Brazil even as recent market and economic turmoil is hampering deals, a senior executive said on Tuesday.

The Boston-based buyout firm focuses on buying companies that it deems capable of doubling earnings within five years, said David Mussafer, Advent's managing partner.

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