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Summit Partners Fund is a significant player in the private equity space, with a sizeable presence in the market. The fund has a history of making large investments, with a typical deal size ranging from $50 million to $500 million.
One notable aspect of Summit Partners Fund is its ability to invest in a wide range of sectors, from technology to healthcare. This breadth of focus allows the fund to adapt to changing market conditions and capitalize on emerging trends.
With a team of experienced professionals, Summit Partners Fund has a strong track record of delivering returns to its investors. In fact, the fund has generated an average annual return of 20% over the past decade.
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Summit Partners Fund Size
Summit Partners has raised more than $43 billion in capital across its growth equity, fixed income, and public equity strategies since its inception in 1984.
The firm's latest flagship U.S. growth equity fund, Summit Partners Growth Equity Fund XI, closed at its hard cap with total commitments of $8.35 billion.
For another approach, see: Venture Capital a Private Equity
Fund Raising
Summit Partners has a significant track record of raising substantial funds. They have raised over $43 billion in capital since the firm's inception in 1984.
Their growth equity funds are particularly notable, with the latest U.S. growth equity fund closing at $8.35 billion in total commitments. This brings the total capital raised since 2020 to over $10.5 billion.
Summit Partners Europe Growth Equity Fund IV closed at €1.4 billion in total commitments, also at its hard cap. The firm has a global team of over 115 investment professionals working together to identify and partner with growth companies.
Since the firm's inception, Summit Partners has invested in more than 550 companies across growth sectors of the economy. Their growth equity strategy has been successful, with a focus on category-leading, profitable growth companies.
Their flagship fund will target minority and majority investments of $75 to $500 million in profitable, category-leading growth companies. This fund follows two 2020 vintage growth equity funds with more than $2.2 billion in capital.
Summit Partners operates as an SEC-registered investment adviser in the United States and as a firm authorized and regulated by the Financial Conduct Authority in the United Kingdom.
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Executive Moves
Summit Partners Fund Size has seen significant changes in its leadership over the years.
Raj Atluru was appointed as the Chief Financial Officer in 2020.
The fund has been led by Managing Director and Co-Chief Investment Officer, Tom McCormack.
Summit Partners has made several notable hires in recent years, including the addition of experienced investment professionals.
The fund's leadership team has a strong track record of delivering successful investments and exits.
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Summit Partners News
Summit Partners has raised more than $43 billion in capital since its inception in 1984.
The firm's latest flagship fund, Summit Partners Growth Equity Fund XI, closed at its hard cap with total commitments of $8.35 billion, significantly oversubscribed.
Summit Partners operates as an SEC-registered investment advisor in the United States and is authorized and regulated by the Financial Conduct Authority in the United Kingdom.
The firm's global team of over 100 investment professionals works collaboratively across offices in the U.S. and Europe to partner with growth companies in key industry sectors.
For more insights, see: Investment Analysis & Portfolio Management
Summit Partners Europe Growth Equity Fund IV closed at its hard cap with €1.4 billion in total commitments, making it the firm's fourth Europe growth equity fund.
The firm has invested in over 550 companies in healthcare, technology, and other growth industries since its inception.
Summit Partners currently manages more than $35 billion in capital dedicated to growth equity, fixed income, and public equity opportunities.
For more insights, see: Private Equity or Venture Capital
Sources
- https://www.summitpartners.com/news/summit-partners-raises-9-5-billion-for-twelfth-u-s-growth-equity-fund
- https://www.summitpartners.com/news/summit-partners-raises-8-35-billion-for-eleventh-u-s-growth-equity-fund
- https://www.summitpartners.com/faq
- https://www.summitpartners.com/news/summit-partners-closes-fourth-europe-growth-equity-fund-at-eu1-4-billion
- https://www.summitpartners.com/news
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