A reckoning in the private-equity industry is sharpening the divide between the haves and have-nots.
Thoma Bravo said it raised a total of $34.4 billion across three funds, topping its last big fundraising year in 2022.
Thoma Bravo’s $34 Billion Fundraising Haul Bucks Private-Equity Slowdown
Many firms are struggling to return cash to investors and raise money
