Silver Lake Management LLC has raised $15 billion in capital to back new tech deals. The fund, called Silver Lake Partners V, is the private equity firm’s fifth buyout fund.
The capital raise enhances Silver Lake’s capacity to “pursue large-scale investment opportunities in technology and technology-enabled industries” worldwide. Fund V received investments from a variety of sources including: public and corporate pension funds, sovereign wealth funds, insurance companies, endowments and foundations, funds of funds, family offices, technology industry professionals, and individual investors. The fund’s investors span across North America, South America, Europe, Asia and the Middle East. Simpson Thacher & Bartlett LLP served as legal adviser on the fund raise.