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Vista Equity Partners closes latest flagship Fund V at USD5.775bn

Vista Equity Partners, a private equity firm focused exclusively on investments in software, data and technology-enabled companies, has completed fundraising for Vista Equity Partners Fund V.

The fund closed at USD5.775 billion in limited partner commitments and was substantially oversubscribed.
 
This brings Vista's total cumulative capital commitments to over USD14 billion.
 
At USD5.775 billion, Fund V is Vista Equity Partners’ largest private equity fund to date.
 
“We are pleased by the tremendous demand for our flagship fund. The oversubscription is an acknowledgment of the Vista's strategy,” says Robert F Smith, founder, chairman and CEO of Vista Equity Partners. “This is the world's largest private equity fund focused on software, data, and technology-enabled organisations. With the same management and investment teams in place over the last 14 years, we have built Vista for this type of scale. We are grateful to our longtime limited partners for continuing to support our investment strategy, and, we are delighted to welcome a number of new institutional investors into the Vista family.”
 
New limited partners in Fund V include investors from the US, Europe, Asia, Australia and the Middle East.
 
"Our intention has been to include more investors who enhance Vista's global strategic objectives, as software is a global opportunity. The firm added a number of new relationships including US multinational corporate plans, large endowments, foreign corporate pension plans and foreign sovereign wealth funds to enable access to global investment opportunities. Investors have come to realise the strength of the Vista franchise in transforming businesses and creating value," says Smith.

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