Thoma Bravo Nears $20B Fund XVI Target

Thoma Bravo has nearly reached its $20 billion target for its Fund XVI, setting it up to soon hit its cap. The firm, known for its strong focus on software and technology investments, has been rapidly raising capital despite market volatility. This fund follows its previous Fund XV, which closed at $17.8 billion in 2020. The final close of Fund XVI is expected to position Thoma Bravo as a leading force in tech-focused private equity, continuing its trend of significant fundraises and high-impact investments. The firm’s ability to attract substantial investor commitments underscores confidence in its investment strategy and market expertise.