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Silver Lake completes USD10.3bn fundraise

Silver Lake has held the final closing of Silver Lake Partners IV, its latest large-cap technology investment fund. The firm accepted limited partner capital commitments up to its cap of USD10bn, surpassing its fundraising target of USD7.5bn.

In aggregate with the general partner and affiliates, the USD10.3bn in total commitments for Silver Lake Partners IV is the largest amount ever raised for a technology investment-focused private equity fund.
 
"We received strong investor demand for this fund and are deeply gratified by the confidence in Silver Lake demonstrated by our limited partners, many of whom have been long-term investors with us," say the firm’s managing partners. "We appreciate the continued support of our investors and welcome new investors in the fund."
 
Silver Lake’s managing partners are Mike Bingle, Jim Davidson, Egon Durban, Ken Hao, and Greg Mondre.
 
"Closing our Silver Lake Partners IV fund extends opportunities to strategically and selectively invest in market leaders in the global technology industry, and to partner with management teams in a differentiated way, leveraging our expertise and range of international relationships developed since our founding fourteen years ago." 
 
Silver Lake now manages over USD23bn in combined assets under management and committed capital.
 
Silver Lake Partners pursues large-scale private investments in companies within the technology, tech-enabled and related growth industries. The firm invests in the broad value chain and sub-verticals of the global technology sector, from semiconductors, cloud computing, and IT infrastructure to tech-enabled financial markets, transaction processing, mobile communications, and e-commerce. Portfolio companies in which Silver Lake invests collectively generate approximately USD30bn in annual revenue and employ 97,000 people around the world.

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