Thoma Bravo Fund X Will Likely Raise $1.2 Bln
We spoke too soon. Last week, peHUB reported that Thoma Bravo was targeting $950 million with its tenth fund. Now we're hearing that the PE firm has received so much interest for fund X that it will likely come in at $1.2 billion, a source says. Thoma Bravo, which has offices in San Francisco and Chicago, began marketing for fund X right after Labor Day, the person says. A first close is expected in December when Thoma Bravo will likely have commitments of over 50% of the $1.2 billion. A final close is seen in first quarter, the source says.
17 October 2011•2 mins read
