Thoma Bravo related stories
All articles and analysis
Victory Park Capital eyes VPC Fund IIIVictory Park Capital, the Chicago-based lending and buyout specialist that hired retired U.S. Sen. Joseph Lieberman in January, is planning to raise its third buyout fund in a busy year for the mid-market firm, according to sources.
- Genstar hires IR exec from CapDyn
The San Francisco-based mid-market firm has created a new investor relations position.
- LP Scorecard: Francisco Partners stands out among CalSTRS managers expected back to market
Francsico Partners, The Gores Group, Thoma Bravo and Hellman & Friedman are young vintages of fund managers predicted back to market whose IRRs showed the biggest leap for the California State Teachers’ Retirement System for the year to Sept. 30, 2013.
- Genstar sells TravelClick to Thoma Bravo
Genstar Capital Management has sold portfolio company TravelClick to Thoma Bravo for $930 million. Thoma Bravo is a provider of cloud-based software solutions to the hospitality industry.
- Cressey & Co talking about new fund of up to $500 mln
Cressey & Co is talking to limited partners about its second fund since spinning out from the former Thoma Cressey Bravo in 2008, with a target of $400 million and a hard cap of $500 million, according to a source.
- Thoma Bravo closes on $3.65bn hard-cap
The firm closed its Fund XI in roughly four months, holding a 'one and done' close.
- Thoma Bravo closes Fund XI on $3.65 bln hard cap
Thoma Bravo has closed Fund XI on its $3.65 billion hard cap, beating its $2.5 billion target. Fundraising for Fund XI launched in January and finished with just a single close.
- MassPRIM commits $150 mln to Thoma Bravo Fund XI
The Massachusetts Pension Reserves Investment Management board has committed up to $150 million to Thoma Bravo’s 11th fund, which has been targeting $2.5 billion.
- HarbourVest closes $1 bln for fund
Global investment firm HarbourVest has raised $1 billion in the final close of its oversubscribed 2013 Direct fund. The target was $750 million. According to the firm, the pool has more than 30 LPs, which include corporate pensions, public pensions and international foundations. It has already invested in ten buyout and growth equity transactions in the U.S., Australia and Latin America.
- HarbourVest beats target for co-investment fund
The fund raised $1bn on a $750m target and was oversubscribed.