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.
Free Webinar: Scaling up – Embarking on Digital Transformation in Private Equity
- How data analytics can create efficiencies within Private Equity
- The most beneficial ways for firms to digitise and what major risks that are involved
- How will digitisation affect the future of Private Equity
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
Can’t stop reading? Read more
Private equity circles data providers as AI-driven valuation reset opens deal window
Private equity circles data providers as AI-driven valuation reset opens deal window Private...
TPG explores $7.6bn sale or IPO of Asia OneHealthcare
TPG explores $7.6bn sale or IPO of Asia OneHealthcare TPG is evaluating strategic options for Asia...
EQT, Eurazeo and Atomico shortlisted to run $5.8bn EU deep-tech fund
EQT, Eurazeo and Atomico shortlisted to run $5.8bn EU deep-tech fund EQT, Eurazeo, Atomico,...