Silver Lake has closed a $10.3 billion fund, surpassing its $7.5 billion target.

The fund, called Silver Lake Partners IV, is the largest amount raised for a technology-focused private equity fund, according to the company. Silver Lake focuses on large-scale investments in technology-related companies.

Investors in the fund included public and corporate pension funds, sovereign wealth funds, endowments, foundation, funds of funds, family offices and individual investors.

Menlo Park, Calif.-based Silver Lake has more than $23 billion in committed capital and assets under management. The fund news was announced April 18.

In February, in partnership with founder Michael Dell, Silver Lake offered $24.4 billion to take computer maker Dell Inc. (Nasdaq: DELL) private. In 2009, the firm bought a majority stake in Skype from eBay Inc. (Nasdaq: EBAY) for $1.9 billion. eBay had paid $2.5 billion for the company. Then, in 2011, Microsoft Corp. (Nasdaq: MSFT) bought Skype for $8.5 billion.

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