Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has announced two leadership appointments to its private equity funds. Rachel Arnold will be appointed senior managing director and co-head of Vista’s endeavor fund alongside current co-head René Stewart. Patrick Severson will be appointed senior managing director and co-head of Vista’s foundation fund alongside current co-head Marc Teillon.
“Rachel helped launch the endeavor fund, and it is a privilege to now partner with her to co-lead one of the world’s largest tech buyout funds led exclusively by women,” said Stewart. “Her strong leadership, proven ability to build and inspire teams and strategic operating expertise will be powerful tools as fund co-head.”
“Patrick has taken on progressive leadership responsibilities, making this a very natural evolution for the foundation fund,” commented Teillon. “He builds camaraderie among his deal teams and delivers the highest standard of quality and results as seen through the investments he has worked on. I am thrilled to work closely with Patrick in this new capacity.”
With these promotions, Alan Cline, currently co-head of Vista’s endeavor fund, and Rob Rogers, currently co-head of Vista’s foundation fund, will become senior advisors to their respective funds and to the executive leadership of Vista.