Silver Lake raises $872.06m

The Menlo Park-based firm has raised capital for its second Alpine fund.

Fund name: Silver Lake Alpine II
Amount raised: $872.06 million
Predecessor fund: Silver Lake Alpine ($2.5 billion)

Silver Lake has raised $872.06 million for Silver Lake Alpine II. The capital raised by the vehicle will be used to invest in companies throughout North America, Latin America, Asia and Europe across TMT sectors.

Silver Lake Alpine II has received a commitment of $100 million from the Maryland State Retirement and Pension System.