Thoma Bravo Weighs $300M Co-Investment Fund

By Sabrina Willmer

Thoma Bravo is weighing a co-investment vehicle that would make software investments alongside its $1.25 billion fund from last year and a possible successor fund, according to a presentation obtained by Bloomberg.

The fund, which would target $300 million, would be used when Thoma Bravo Fund X LP is unable to provide enough capital for an attractive deal, according to the presentation.

“Thoma Bravo is discussing with Fund X investors the possibility of a supplemental fund to invest alongside Fund X when additional funds are needed. Thoma Bravo is not commenting further at this time,” said Ted Lane, an outside spokesman for the firm.

Read more>>

Bloomberg BRIEF Newsletters