Thoma Bravo Closes Fund with over $1B in Commitments
April 17, 2015
Thoma Bravo has closed its latest vehicle, Thoma Bravo Special Opportunities Fund II, with $1.07 billion in committed capital. The new fund will invest side-by-side with the firm's Fund XI, a $3.7 billion vehicle that closed in May 2014. Though Fund XI has produced an IRR of -1% as of December 31, it has outperformed its benchmark by over 24%.