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.

Silver Lake, headquartered in Menlo Park, Calif., is a private equity firm that invests in middle market technology companies and related growth industries that include: semiconductors, software, cloud computing, transaction processing and information technology infrastructure. Silver Laker Partners IV, the preceding fund raised in 2013, garnered approximately $10.3 billion capital.

The Fund V capital raise announcement comes amid the firm hosting its annual meeting for its investors in midtown Manhattan. The move is meant to build off the impact of other large-scale deals Silver Lake has made in recent years, including: WME’s $2.3 billion acquisition of fellow talent agency IMG and Dell’s (NYSE: DVMT) purchase of EMC for $67 billion. Dell, backed by Silver Lake, agreed to divest its software unit to Francisco Partners Management LLC in June 2016. Francisco Partners won Mergers & Acquisitions’ Private Equity Firm of the Year Award in 2016.

Other recent capital raises include: the Riverside Co.’s first non-control investment fund with nearly $418 million in capital; the Carlyle Group’s (Nasdaq: CG) fourth distressed fund; Vector Capital’s fifth private equity fund; Monroe Capital LLC’s $800 million credit fund; and Chicago-based NXT Capital LLC’s fourth debt fund at $900 million.