Global private equity fund TA Associates has completed fundraising for its latest flagship fund, TA XV, which launched in late November of last year, with total limited partner commitments at its hard cap of $16.5 billion.Â
Global private equity fund TA Associates has completed fundraising for its latest flagship fund, TA XV, which launched in late November of last year, with total limited partner commitments at its hard cap of $16.5 billion.
TA XV is the successor to TA XIV, which closed in June 2021 at its hard cap of $12.5 billion. As with its predecessor equity funds, TA XV will target equity investments in high-quality businesses capable of delivering sustainable growth within the technology, healthcare, financial services, consumer and business services sectors.
Since the firm’s inception in 1968, TA has invested in more than 560 companies across its target industries, with over 120 companies in the portfolio today. TA’s global team of more than 150 investment professionals are united by a common culture and partnership-oriented approach to investing.
TA XV received capital commitments from a diverse global network of existing and new investors, including public and private pension funds, sovereign wealth funds, asset managers, endowments, foundations, family offices and insurance companies.
Goodwin Procter LLP served as legal counsel for TA XV.
