Vista Credit Partners (VCP), a strategic credit investor and financing partner focused on the enterprise software, data and technology markets within Vista Equity Partners (Vista), has completed the final close of Vista Credit Partners Fund III (VCPF III), the latest iteration of its Flagship Credit Fund family.
VCPF III closed at USD2.3 billion, USD800 million in excess of its original USD1.5 billion target, with capital commitments from a diverse group of limited partners including US public pension funds, sovereign wealth funds, multinational corporations, insurance companies, funds of funds, endowments, foundations, family offices and other investors.
VCP seeks to capitalise on its extensive domain expertise to look across markets, including non-sponsored lending, private credit, syndicated credit and opportunistic secondary market investing, and provides financing to enterprise software businesses ranging from growing founder-owned companies to mature private equity buyouts. VCP leverages Vista’s 20-plus years of investing to bring experience, resources and a network that provide differentiated advantages to the companies it partners with. The Vista platform also affords VCP numerous synergies during its sourcing and due diligence processes.
“As great companies remain private longer and equity dilution continues to be a pinch point, our team is focused on working with the best software and technology companies as a credit-focused capital solutions provider and value-added partner for growth,” says David Flannery, President of Vista Credit Partners. “Our capital supports the founders, owners and management of a wide range of software and technology companies, as we bring bespoke solutions designed to enable companies and their founders to expand their business and fulfil their potential, often with less dilution to their equity.”
