Vector Capital has raised $1.4 billion for its Vector Capital V, according to a SEC filing. The San Francisco-headquartered firm began fundraising in 2015 with a $1.2 billion target.
Its previous fund raised $1.2 billion in 2007.
Investors that committed to Vector Capital V include the District of Columbia Retirement Board.
The fund will target buyout opportunities in technology, media, telecommunications sectors in North America.