The Global Technology Investor, WEB3 & AI-Friendly Company Silver Lake Closes $20.5 Billion Fundraising for SLP VII

Empowering Technology Visionaries, Unleashing Global Innovation: Silver Lake Partners VII - Shaping Tomorrow's Tech Landscape

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Source: CoinFactiva.com

Silver Lake, a prominent US-based player in technology investment, has officially closed Silver Lake Partners VII with $20.5 billion in capital commitments, surpassing its previous flagship fund. Over the past five years, the company has raised a total of $47 billion, pursuing its core mission of adding value through collaborations with outstanding founders and management teams, driving the growth of technology-driven enterprises on a large scale.

Co-Chief Executive Officers Egon Durban and Greg Mondre, speaking on behalf of the firm’s Managing Partners, expressed gratitude to both new and returning investors for their trust in Silver Lake. They highlighted the exceptional relationships forged with management teams, attributing success to deep engagement and trust across multiple cycles of technology investment at scale.

As the promises and risks of the AI era accelerate, our talented team, strong industry network, and ability to commit substantial strategic and operational resources means our horizon of opportunity to make highly select, impactful investments with the potential to generate exceptional performance has never been more compelling. We look forward to many more years of collaboration, partnership and sustained value creation together.

Co-Chief Executive Officers Egon Durban and Greg Mondre

With the acceleration of opportunities and challenges in the AI era, Mondre and Durban emphasized the firm’s readiness to leverage its talented team, robust industry network, and substantial strategic resources. They underscored the compelling potential for select, impactful investments that could deliver exceptional performance, promising continued collaboration, partnership, and value creation.

Silver Lake’s flagship funds have delivered an aggregate 21% rate of return, net of fees, over the past 15 years. Since the start of 2023, distributions to investors have amounted to approximately $20 billion, bolstered by significant transactions such as the sale of VMware to Broadcom.

On the investment front, Silver Lake executed several transformative deals over the past year, including the acquisition of Software AG through a public tender offer and the privatization of Qualtrics in a $12.5 billion all-cash transaction. Additionally, the company led investments in Vantage Data Centers and facilitated the privatization of Endeavor.

The firm also announced the appointment of Christian Lucas as a Managing Partner and welcomed Jim Whitehurst back as a Managing Director to lead operating and investment team initiatives.

With a diverse portfolio spanning the global technology sector and technology-enabled verticals like sports, media, e-commerce, finance, and healthcare, Silver Lake’s companies represent a cumulative enterprise value of over $1 trillion.

Investors in Silver Lake Partners VII include a wide array of institutions and individuals from across the Americas, Asia-Pacific, and EMEA, reflecting the company’s global appeal and strong investor base.

Silver Lake is a worldwide technology investment company, overseeing around $102 billion in total assets under management and committed capital, with a team of experts stationed across North America, Europe, and Asia. The combined revenue of Silver Lake’s portfolio companies amounts to nearly $258 billion annually, with a global workforce of approximately 517,000 individuals.

WEB3 Experience

In February 2022, Alchemy, the Web3 developer platform, got $200M Investment at $10.2B Valuation, Led by Lightspeed and Silver Lake.

Later the same year, in April 2022, Genies, an avatar technology company at the forefront of Web3 culture, raised $150 million in a Series C round led by Silver Lake, a prominent figure in technology investment globally. This investment, which valued the company at $1 billion, saw participation from existing investors BOND, NEA, and Tamarack Global.

SOURCES: Silver Lake
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