Vista Equity Partners held a final closing of Vista Equity Partners VII at $16 billion, reaching its $16 billion target and surpassing the size of its predecessor, Vista Equity Partners VI, which closed in May 2017 at $10.56 billion. Launched in May 2018, the buyout fund will invest in software technology companies throughout North America.
Fund VII received capital commitments from several limited partners including California Public Employees’ Retirement System (CalPERS), Los Angeles City Employees’ Retirement System (LACERS) and New York City Employees’ Retirement System.
Founded in 2000, Vista Equity Partners has focused its investments on software and technology-enabled businesses across North America. The firm has offices in San Francisco, New York, Chicago, Oakland and Austin.