Francisco Partners, a technology-focused private-equity firm, plans to hit the fundraising trail later this year with the aim of collecting some $10bn for its seventh flagship fund, according to people familiar with the situation.
The San Francisco-based firm’s latest fundraising push comes a little more than a year after it raised nearly $10 billion across three separate funds to back technology companies focused on sectors that include healthcare, cybersecurity and finance.
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Francisco Partners is a leading global investment firm that specializes in partnering with technology and technology-enabled businesses. Since its launch 20 years ago, Francisco Partners has raised over $24 billion in committed capital and invested in more than 300 technology companies, making it one of the most active and longstanding investors in the technology industry.
Source: Wall Street Journal
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