Investcorp Closes Investcorp Technology Partners V Fund at $570M, Surpassing Target

Investcorp, a global investment firm with $52 billion in assets under management, has successfully closed its Investcorp Technology Partners V (ITP V) fund at $570 million, surpassing its initial target of $500 million. The fund will focus on investing in high-growth sectors including software, data/analytics, cybersecurity, and fintech startups.

With 14 offices worldwide spanning the US, Europe, GCC, and Asia, Investcorp has a strong presence in key markets such as India, China, Japan, and Singapore. Building on the successes of its previous $400 million fund, which backed companies like softgarden, Avira, Ageras, and Impero, ITP V aims to take controlling stakes in companies with revenues of around $10 million or more and positive EBITDA, requiring equity investments ranging from $30 to $75 million.

This latest capital raise underscores Investcorp's commitment to identifying and nurturing promising tech ventures, leveraging its extensive network and expertise to drive growth and value creation in the technology sector.