JMI Equity overview
Stories about JMI Equity
AI demand helps power rapid close of JMI Equity’s Fund XII
'We are strong believers that AI will continue to increase the already large investment opportunity in B2B software companies,' JMI managing partner Peter Arrowsmith told Buyouts.
JMI Equity racks up $3.1bn for twelfth fund
JMI Equity Fund XII closed approximately four months after its launch in March.
JMI Equity launches $2.4bn Fund XII as Peter Arrowsmith takes charge
Arrowsmith today heads JMI, according to pension documents, marking a quietly executed succession since two years ago, when he shared that responsibility with founder Harry Gruner.
NMSIC approves $375m worth of PE commitments
New Mexico State Investment Council made the commitments to funds managed by Advent International and JMI Equity.
PE-backed Unanet acquires govtech firm Contraqer
Headquartered in Dulles, Virginia, Unanet is a provider of project-based enterprise resource planning and customer relationship management solutions for the government contracting industry.
JMI Equity invests in govtech firm SimpliGov
The investment will accelerate SimpliGov’s platform development and support the company’s growth.
JMI Equity promotes Duane to principal and King and Jangro to VP
Also, JMI has promoted Katie Carter to director of financial reporting.
JMI Equity contact information
Offices
100 International Drive, Suite 19100, Baltimore, 21202, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Ms. Lindsay Mehta | Job titleDirector, Investor Relations and Marketing | LocationBaltimore, United States | Email  ---------- |
| Key ContactMs. Katy Morris | Job titleAssociate, Investor Relations | LocationBaltimore, United States | Email ----- |
| Mr. Randy Guttman | Job titlePartner and Chief Operating Officer | LocationBaltimore, United States | Email ------- |
| Ms. Lindsay Monti | Job titleGeneral Counsel and Chief Compliance Officer | LocationBaltimore, United States | Email -------- |
JMI Equity funds managed
Funds in market: 1
| Fund | Fund size | Open date | Strategy |
|---|---|---|---|
Fund size ----- | Open dateDec 2022 | Strategy ------- | |
Closed funds: 9
| Fund | Fund size | Close date | Strategy |
|---|---|---|---|
Fund size ----------- | Close dateJul 2025 | Strategy --------- | |
Fund size ------ | Close dateMar 2023 | Strategy ----------- | |
Fund size -------- | Close dateMar 2021 | Strategy ---------- | |
Stories that mention JMI Equity
Some of this year’s most interesting private equity funds
Buyouts highlights some of the private equity funds and themes it believes helped define the market in 2025.
KPERS commits $220 million to private equity
KPERS has made commitments to two new private equity funds.
NMSIC approves $375m-worth of commitments
New Mexico State Investment Council made the commitments to three vehicles.
MassPRIM commits $350m to private equity
The Boston-based public pension has backed two funds.
SWIB anchors Hughes & Company’s second healthcare tech fund
Hughes & Company was founded by Travis Hughes, formerly an executive at JMI Equity, where he specialized in healthcare IT and services investing.
Liquidity for rolling LPs: Hellman & Friedman seeks to pay out on older continuation funds
Lead investors on Hellman & Friedman’s deal are Ardian, HarbourVest Partners and Hamilton Lane, sources said.
NEA runs large strip sale on numerous assets as GPs hunt for liquidity
Strip sales, along with tender offers, structured/preferred equity and secondary directs, represented around 20% of the about $18bn in GP-led volume in the first half.
Huntress snags $40m debt financing from CIBC Innovation Banking
Huntress plans to use the financing for M&A opportunities, research, product development, and expansion into international markets.