CPE News (7/20/2020) – Silver Lake has held an initial close for its sixth buyout fund, Silver Lake Partners VI, L.P., early this month.
Silver Lake commenced Fund VI fundraising in May 2020 and is reportedly seeking between US $16 billion to $18 billion for the fund.
Caisse de dépôt et placement du Québec (CDPQ), a limited partner investor since Silver Lake Partners II, has commited close to 5% of the US $16 billion target.
Founded in 1999, Silver Lake is the global leader in technology investing, with approximately US $40 billion (not including Fund VI) in combined assets under management and committed capital and a team of approximately 100 investment and operating professionals located around the world.
photo credit: Silver Lake