WSJ News Exclusive | Vista Equity Raises $16 Billion for Latest Tech Buyout Fund

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WSJ News Exclusive | Vista Equity Raises $16 Billion for Latest Tech Buyout Fund
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Vista Equity Partners, the firm whose founder pledged to pay off the debt of an entire Morehouse College graduating class, just raised a record-breaking buyout fund

Vista Equity Partners has closed a record-breaking technology fund, according to people familiar with the matter.

The software-focused buyout firm has collected $16 billion of outside capital for the fund, Vista Equity Partners Fund VII LP. The firm plans to chip in money of its own on top of that. Its commitment will account for 4% to 6% of the fund’s total size, according to the people.

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