STG Partners LLC is pitching its first fund focused on investments in lower midmarket technology deals in a red-hot market for such funds, according to people familiar with the fundraising.
The Palo Alto, Calif.-based midmarket technology investor, previously known as Symphony Technology Partners, is seeking $750 million for the new fund, STG Allegro LP, according to a regulatory filing and people familiar with the matter.
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- To what extend can the relationship between the GP and board impact the company?
- How can GPs ensure trickle down change in organisations?
- How can technology help bridge the gap between GPs and management boards?
STG is the private equity partner to market leading companies in software, data analytics and software-enabled technology services sectors. The firm brings expertise, flexibility, and resources to build strategic value and unlock the potential of innovative companies.
Partnering to build customer-centric, market winning portfolio companies, STG creates sustainable foundations for growth that bring value to all existing and future stakeholders. The firm is dedicated to transforming and building outstanding technology companies in partnership with world class management teams.
Source: Wall Street Journal
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