Global investment firm Sixth Street has held the final close of funds totaling $4.4 billion in fresh capital commitments to invest in fast-growing businesses through the firm’s Sixth Street Growth platform. The funds closed at their hard cap.
Global investment firm Sixth Street has held the final close of funds totaling $4.4 billion in fresh capital commitments to invest in fast-growing businesses through the firm’s Sixth Street Growth platform. The funds closed at their hard cap.
Sixth Street’s previous growth fund closed in 2019 with $2.2 billion in committed capital and invested in ownership stakes of market-leading software, fintech, and healthcare IT businesses including Airbnb, AvidXchange, Bloomreach, Datavant, Fullsteam, Kaseya, MDLIVE, SnapLogic, and Sprinklr (NYSE: CXM), among others.
Sixth Street Growth targets investments in late- and mid-stage growth companies.
Earlier this year, Sixth Street announced the formation of its More than Capital (“MtC”) business to further enhance the value Sixth Street provides its current and future portfolio companies. Led by four-time CEO Jeffrey Stone, MtC provides operational expertise and value-added partnership through an in-house, growth-focused operational team and a network of former CEOs, board leaders, and senior executive advisors.
