TA successfully concludes fundraising effort at $16.5bn for their fifteenth global private equity fund

TA Associates, a leading global private equity firm, announced the completion of fundraising for its latest flagship fund, TA XV, with total limited partner commitments at its hard cap of $16.5bn. Launched in late November 2022, TA XV was oversubscribed and exceeded its initial target size.

TA  XV is the successor to TA XIV, which closed in June 2021 at its hard cap of $12.5bn. As with its predecessor equity funds, TA XV will target equity investments in high-quality businesses capable of delivering sustainable growth within the technology, healthcare, financial services, consumer and business services sectors.

TA XV received capital commitments from a diverse global network of existing and new investors, including public and private pension funds, sovereign wealth funds, asset managers, endowments, foundations, family offices and insurance companies.

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter

“At TA, we are driven by a shared desire to help exceptional businesses reach their full potential,” said Hythem El-Nazer, Managing Director at TA. “With TA XV, we will continue to leverage our decades of industry experience, strategic value-add resources and extensive global network to support portfolio company management teams as they work to accelerate profitable growth.”

 Since the firm’s inception in 1968, TA has invested in more than 560 companies across its target industries, with over 120 companies in the portfolio today. TA’s global team of more than 150 investment professionals are united by a common culture and partnership-oriented approach to investing.

Source: Business Wire

Can’t stop reading? Read more