Private Equity Deals & Transactions

Softbank Vision Fund: $100bn in context

Softbank is in the ‘last phase’ of raising a giant tech-focused fund. How does it compare with what is out there already?

By
PEI Staff
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Softbank is in the ‘last phase’ of raising a giant tech-focused fund. How does it compare with what is out there already?<br />

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The technology sector remains alluring for LPs keen to capitalise on tech-related growth opportunities without the risk they once may have endured for venture funds. This week we reported on fundraising progress for the $100 billion SoftBank Vision Fund, the world’s largest tech fund, which is preparing for a final close.

Tech specialists with the right credentials are raising capital in ever-greater volumes. Thoma Bravo raised $7.6 billion for its latest fund in October, and Vista Equity Partners this year appears likely to raise the largest tech-focused fund to date, surpassing Silver Lake’s $10.3 billion 2013 vehicle.

Softbank, however, looks like it will dwarf them all.