Francisco Partners Raises Over $18 Billion for 2 Funds, Beating $18 Billion in Targets
Updated
Updated · Bloomberg · Jun 11
Francisco Partners Raises Over $18 Billion for 2 Funds, Beating $18 Billion in Targets
3 articles · Updated · Bloomberg · Jun 11
Summary
More than $18 billion has been collected by Francisco Partners for its latest flagship buyout fund and a smaller Agility vehicle, marking the technology-focused firm's biggest fundraising haul yet.
Francisco Partners VIII LP exceeded its $14 billion target, while Agility Fund IV LP topped its $4 billion goal, according to people familiar with the matter.
Final closes for both funds are expected in the coming weeks, the people said, with the fundraising coming during a difficult period for private equity buyouts.
The strong raise stands out for a tech-focused firm at a time when parts of the market have been unsettled by AI-related disruption fears.