Former Goldman Sachs Partner to Assume Role of Chief Operating Officer on January 1

Advent International ("Advent"), one of the largest and most experienced global private equity investors, today announced the appointment of Heather Kennedy Miner as Managing Director. Ms. Miner will assume the role of Chief Operating Officer effective January 1, 2023, with responsibility for driving Advent's operations globally, including executing the firm's strategic growth initiatives, overseeing marketing and communications, and delivering on talent development priorities.

Ms. Miner joins Advent from Goldman Sachs (NYSE:GS), where she held a number of leadership positions during her nearly two-decade tenure. Most recently, she served as Partner and Chief Operating Officer as well as Global Co-Head of Client Solutions and Capital Markets for Goldman Sachs' $2.4 trillion Asset Management business. She also previously served as Goldman Sachs' Global Head of Investor Relations. Ms. Miner began her career in the Financial Institutions Group at UBS.

"We are delighted to welcome Heather to Advent's leadership team," said David Mussafer, Managing Partner and Co-Chair of Advent's Executive Committee. "Heather brings a diversified skillset and partnership ethos that we believe will allow her to add significant value to our investment and operating teams. With her impressive background and deep expertise, Heather is well suited to help us advance our key strategic and financial goals."

"I'm thrilled to be joining the dynamic and talented team at Advent during an incredibly exciting time for the firm," said Ms. Miner. "With $25 billion in new capital to deploy in our latest flagship fund, GPE X, Advent is at an auspicious juncture. I look forward to engaging with our team and partners across the globe and contributing to the firm's continued success."

"During her twenty-plus year career, and throughout multiple market cycles, Heather has led functions which are critical to scale a global investment management business," said James Brocklebank, Managing Partner and Co-Chair of Advent's Executive Committee. "As we embark on Advent's exciting next stage of growth, we are incredibly pleased to continue expanding and diversifying our senior team as we further build out our platform and continue to enhance our operating performance."

Ms. Miner earned a B.S. in Finance from the Carroll School of Management at Boston College and an MBA from the Stern School of Business at New York University.

ABOUT ADVENT INTERNATIONAL

Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 395 private equity investments across 41 countries, and as of June 30, 2022, had $96 billion in assets under management. With 15 offices in 12 countries, Advent has established a globally integrated team of over 270 private equity investment professionals across North America, Europe, Latin America and Asia. The firm focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology. For over 35 years, Advent has been dedicated to international investing and remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.

For more information, visit

Website: www.adventinternational.com

LinkedIn: www.linkedin.com/company/advent-international

View source version on businesswire.com: https://www.businesswire.com/news/home/20221101005258/en/

Advent International Appoints Heather Kennedy Miner as Managing Director