Vista Equity Partners Fundraising and Investment History

Vista Equity Partners has a long history of successful fundraising and investment. The firm has raised over $80 billion in capital commitments since its inception in 2000.

The first Vista Equity Partners fund was launched in 2000 with $1 billion in capital commitments. This fund was a significant milestone for the firm, marking the beginning of its growth trajectory.

Vista Equity Partners has consistently demonstrated its ability to attract and retain top talent. The firm has a team of over 50 investment professionals, including experienced operators and industry experts.

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Vista Equity Partners has seen significant fundraising efforts, with private equity firms raising close to $177bn in the first quarter of the year.

This momentum is largely driven by buyout funds, which accounted for the majority of the funds raised.

The firm's latest flagship, Vista Equity Partners VIII, is seeking to raise a substantial amount of capital, aiming to reach its $20bn target.

Fubon Life, a Taiwan-based insurance company, has already committed $70m to Vista's buyout fund, demonstrating its confidence in the firm's investment strategy.

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Private equity firms had a slow start to fundraising in Q1, raising only close to $177 billion in the January-March period.

This is a significant amount, but it's worth noting that fundraising can be a challenging and competitive process.

Buyout funds were the driving force behind Q1 fundraising, accounting for the majority of the funds raised.

In fact, buyout funds have been showing strong momentum, with many firms successfully raising capital despite the slow start to the year.

Vista Equity Partners VIII is one example of a firm that's making great strides, having already passed the halfway mark to its $20 billion target for its latest flagship fund.

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Fubon Life, a Taiwan-based insurance company, has made a significant investment by approving a $70m commitment to a private equity fund.

This commitment is part of a buyout fund, indicating the company's interest in investing in existing companies or businesses.

The investment is substantial, demonstrating Fubon Life's confidence in the private equity market.

Fubon Life has backed a private equity fund with its $70m commitment, marking a notable move in the world of fundraising and investments.

This type of investment can provide a steady return on investment for the company, while also supporting the growth of new businesses.

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Vista has been active in divestments, with a notable sale in 2004 when it sold SourceNet Solutions to Mellon Financial.

In 2010, Vista started a series of significant divestments, beginning with the sale of Ventyx to ABB Group for over $1 billion.

Between 2010 and 2013, Vista sold several companies, including BigMachines to Oracle for over $400 million and P2 Energy Solutions to Advent International.

In 2014, Vista announced the sale of MicroEdge to Blackbaud for $160 million.

In 2015, the company sold Websense to Raytheon for $1.9 billion, marking one of its largest divestments at the time.

Vista continued to divest companies between 2015 and 2020, including selling BullHorn, Inc to Insight Venture Partners and parts of Active Network to Global Payments Inc.

In 2018, Vista sold Marketo to Adobe Systems for $4.75 billion, a major deal at the time.

Vista also sold SirsiDynix to ICV Partners and Main Street Hub to GoDaddy for $125 million during this period.

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The company's divestment activity continued in 2020, with the sale of Vertafore to Roper Technologies for $5.35 billion and Regulatory DataCorp to Moody's for $700 million.

In 2021, Vista divested from Aspira, a software provider, and Numerator, a market intelligence firm it had backed since 2017.

Finally, Vista sold Allocate, which it acquired in 2018, to RLDatix for $1.3 billion in 2021.

New Jersey has strengthened its ties with Vista Equity Partners by allocating $200m to the company. This significant investment is a testament to the state's confidence in Vista's abilities.

Vista Equity Partners has formed a strong partnership with New Jersey, with the state's Division of Investment playing a key role in this collaboration.

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Vista Equity Partners has a strong track record of delivering impressive returns for its investors. With a portfolio of over 60 companies, the firm has generated a total return of 2.5x its cost since inception.

The firm's investment strategy is focused on partnering with talented entrepreneurs and management teams to drive growth and expansion. This approach has allowed Vista to achieve significant returns while also fostering long-term relationships with its portfolio companies.

Vista's funds have consistently outperformed industry benchmarks, with its flagship fund achieving a 20% annual return in 2020.

We have a total of 30 closed funds to consider, and one of them is the Vista Equity Partners VIII fund. The close date for this fund was April 2024.

Let's take a look at the fund size for some of these closed funds. Unfortunately, the information is not available for all of them, but we can see that the fund size is blank for the Vista Equity Partners VIII fund.

The Vista Equity Partners VIII fund is not the only one with a blank fund size. We also see blank fund sizes for the two other funds listed, which had close dates of September 2021 and July 2020.

Here are the close dates for the three funds we've mentioned so far: April 2024, September 2021, and July 2020.

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In 2000, Vista Equity Partners was founded by Robert F. Smith, who serves as chairman and CEO.

Vista opened its first office in San Francisco in 2000, marking the beginning of the company's growth.

By 2008, Vista had raised a significant amount of capital, closing a funding round for its first institutional fund with a total of $1.3 billion raised in November of that year.

In 2010, Brian N. Sheth was promoted to president and awarded the title of co-founder of the firm, a significant milestone in Vista's growth.

The company made its first foray into private equity funds in 2011, opening an office in Austin, Texas, which marked a new era of expansion.

Vista added several private equity funds and credit funds to its portfolio, including the Vista Credit Opportunities Fund, which raised $196 million, a notable achievement in the industry.

The firm also opened several funds that specifically targeted middle-market companies and emerging technology companies, showcasing its adaptability and focus on innovation.

Vista's permanent capital investment fund, Vista Equity Partners Perennial, was established to focus on growing vertical market software companies, a strategic move that has likely paid off for the company.

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As of May 2020, Vista had more than $57 billion in capital commitments. This is a significant milestone in the company's growth.

Vista joined Diligent Corporation's modern leadership initiative in 2020, pledging to create five new board roles among its portfolio companies for racially diverse candidates.

In June 2021, Vista had more than $81 billion in assets under management, a substantial increase from 2020.

In August 2021, David Breach was announced as president of Vista, replacing Brian N. Sheth who resigned in 2020 following a criminal tax investigation of CEO Smith.

Vista's CEO Robert F. Smith and investor Robert T. Brockman were named in a tax evasion case in October 2020, with Smith agreeing to pay $139 million and testify against Brockman.

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