Report: Vista Equity raises record-breaking $16B fund


Vista Equity Partners is reinforcing its standing as one of the biggest names in private equity.

The Wall Street Journal reported Sept. 5 that Vista has raised $16 billion for its latest fund, a record for independent technology buyout funds.

The $16 billion raised for the new fund, called Vista Equity Partners Fund VII LP, is being supplemented by additional Vista money expected to account for between 4% and 6% of the the total fund, according to the Journal. The massive fund bests the $15 billion…

Previous Fiserv, Visa and Samsung partner on software that turns mobile devices into payment terminals
Next Genentech nears trade secrets suit settlement with Taiwanese company but still targeting former employees