Vector Capital, a leading investment firm specializing in transformational investments in established technology businesses, today announced that it has successfully closed its fifth private equity fund, Vector Capital V, L.P. (the “Fund”), at $1.4 billion, exceeding the Fund’s $1.2 billion target. This brings the firm’s total capital under management to $3.3 billion across its private equity and credit businesses.
“We greatly appreciate the confidence of our limited partners, both returning and new,” said Alex Slusky, Vector’s founder and Chief Investment Officer. “Through their support, Vector has grown to over 50 talented professionals across our investment and portfolio operations teams. We believe our experience, special situations approach, and value discipline will continue to enable Vector to complete innovative and successful investments in technology enterprises.”
Fund V will continue Vector’s 20 year history of investing in public and private technology companies across software, internet and digital media, communications, and industrial technology. Using a highly collaborative approach, Vector partners closely with company founders, shareholders, and management teams to develop creative and flexible investment solutions that align incentives for long-term success. Post investment, Vector executes growth and value-creation strategies that improve operational performance, enhance competitive positioning, and build strategic value.
Since its start in 1997, Vector has made investments of over $3 billion in buyouts, recapitalizations, corporate divestitures, credit securities, restructurings, and minority investments. Vector Capital V further solidifies Vector’s focus on the global middle market, and will target investments with enterprise values ranging from $100 million to $2 billion in North America, Europe, and Israel.
“Amidst the challenges and opportunities facing technology companies, from global volatility to competitive disruption, Vector’s flexible, independent, and often contrarian approach has delivered impressive results over two decades. Regardless of the impediments ahead, we are excited to partner with today’s technology pioneers who aspire to transform their businesses into global market leaders,” said Slusky.