Silver Lake, the global leader in technology investing, announced today the final closing of Silver Lake Partners IV, its latest large-cap technology investment fund. The firm accepted limited partner capital commitments up to its cap of $10 billion, surpassing its fundraising target of $7.5 billion. In aggregate with the general partner and affiliates, the $10.3 billion in total commitments for Silver Lake Partners IV is the largest amount ever raised for a technology investment-focused private equity fund.

Silver Lake announced that Ajei Gopal has joined the firm as an Operating Partner based in New York. Mr. Gopal joined the firm’s Value Creation Team and will work broadly across the firm’s portfolio companies to drive operational improvements. Most recently, he served as Senior Vice President and General Manager in the IT Management Business Unit of HP Software.

Dell Inc. announced it has signed a definitive merger agreement under which Michael Dell, Dell’s Founder, Chairman, and Chief Executive Officer, in partnership with global technology investment firm Silver Lake, will acquire the company.