Vista Equity Partners closes fourth fund on $3.5bn

American GP Vista Equity Partners has held a $3.5bn final close for VEP Fund IV.

The fund was oversubscribed, with the initial target being $2.5bn.

Investments
Vista has already made four investments from VEP Fund IV, including the take-private of British treasury capital markets and banking solutions business Misys. The deal was valued at £1.27bn.

Fund was launched in January 2023 and surpassed its EUR 25bn target, the GP said in a statement

Fund was oversubscribed and closed following a three-month fundraising process

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