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Vista Equity breaks record with $16bn for latest tech buyout fund

Vista’s latest flagship fund is the largest technology-focused fund raised by an independent private-equity firm

Vista Equity Partners has closed a record-breaking technology fund, according to people familiar with the matter.

The software-focused buyout firm has collected $16bn of outside capital for the fund, Vista Equity Partners Fund VII. The firm plans to chip in money of its own on top of that. Its commitment will account for 4% to 6% of the fund’s total size, according to the people.

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