Francisco Partners, a global investment firm that specializes in partnering with technology and technology-enabled businesses, closed on nearly $17 billion in capital commitments.
In details, the raise included a $13.5B flagship fund, Francisco Partners VII, L.P., and $3.3B Francisco Partners Agility III, L.P. fund.
Francisco Partners closed fundraising on both private equity funds with more than 160 institutional investors from 30 countries around the world. FP’s limited partners include public and corporate pension funds, foundations, endowments, insurance companies, sovereign wealth funds, and family offices. FP had strong support from its existing investors as well as many new prominent investors from Europe, Asia, the Middle East, South America, and the United States.
When combined with previously raised private equity and opportunistic credit funds, the firm has approximately $23B in capital available for investment.
In its more than 20-year history, Francisco Partners has invested in or acquired more than 400 technology companies. They recently acquired and launched Merative, formerly IBM’s healthcare data and analytics business, as well as Boomi, a cloud integration platform provider, from Dell.
FinSMEs
14/08/2022