Thoma Bravo Targets $3 Billion for Debut Growth Fund

Technology-focused Thoma Bravo is pitching a fresh strategy to investors just months after collecting $22.8 billion for three new funds.

Thoma Bravo is raising its debut growth fund, which will acquire minority positions in private and publicly traded companies, and has set a $3 billion target for the vehicle, people familiar with the fundraising said.

The technology-focused firm’s growth fund will back both publicly traded and private companies that don’t fit other firm strategies