Three PE firms prep mega-funds
January 16, 2018
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US PE firms had no trouble packing their coffers in 2017. And if the start of the year is any indication, 2018 won't be much different.
Warburg Pincus wants to raise $13.5 billion for its 13th flagship fund, with plans to begin collecting capital in May, per Private Equity International. The vehicle will continue a busy fundraising stretch for the firm, following the close of a $2.3 billion effort focused on financial services in December and coming a little more than two years after the buyout shop raised $13.4 billion for Warburg Pincus Private Equity XII.
Vista Equity Partners, meanwhile, will likely begin fundraising for its seventh flagship fund in 2018, with a planned target at least equal to a $11 billion predecessor that closed last May, per PE Hub. And Thoma Bravo plans to raise $10 billion for its 13th buyout fund, according to Bloomberg, an uptick from the $7.6 billion the tech-focused firm raised for its previous flagship effort in 2016.
If Thoma Bravo meets that target, it will join a select club, one of which Warburg Pincus and Vista are already members: Since the start of 2008, only 12 US private equity firms have raised buyout funds of at least $10 billion, according to the PitchBook Platform.
Check out the full list.
Warburg Pincus wants to raise $13.5 billion for its 13th flagship fund, with plans to begin collecting capital in May, per Private Equity International. The vehicle will continue a busy fundraising stretch for the firm, following the close of a $2.3 billion effort focused on financial services in December and coming a little more than two years after the buyout shop raised $13.4 billion for Warburg Pincus Private Equity XII.
Vista Equity Partners, meanwhile, will likely begin fundraising for its seventh flagship fund in 2018, with a planned target at least equal to a $11 billion predecessor that closed last May, per PE Hub. And Thoma Bravo plans to raise $10 billion for its 13th buyout fund, according to Bloomberg, an uptick from the $7.6 billion the tech-focused firm raised for its previous flagship effort in 2016.
If Thoma Bravo meets that target, it will join a select club, one of which Warburg Pincus and Vista are already members: Since the start of 2008, only 12 US private equity firms have raised buyout funds of at least $10 billion, according to the PitchBook Platform.
Check out the full list.
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