PRESS RELEASE
Silver Lake Completes $20 Billion Fundraise for SLP VI
Reinforces Global Leadership Position in Technology Investing and Fuels Strategy of Helping Build and Grow Great Companies
MENLO PARK, Calif. & NEW YORK – Silver Lake, the global leader in technology investing, announced today that it raised approximately $20 billion for Silver Lake Partners VI, reaching its hard cap for limited partner capital commitments and including more than $500 million from the general partner. With this latest fund, Silver Lake significantly increased capacity in its flagship strategy to make large-scale, growth investments in a wide range of opportunities driven by the broad impact of technology across the global economy. In total, Silver Lake now manages approximately $75 billion in combined assets under management and committed capital.
“With more than two decades of experience singularly focused on technology investing, Silver Lake is firing on all cylinders as we continue to execute our strategy of helping to build and grow great companies at a time of accelerating digital transformation across the globe,” said Co-Chief Executive Officers Egon Durban and Greg Mondre on behalf of the firm’s Managing Partners. “We are deeply grateful to the portfolio company management teams who invite us in to work with them as the true heroes of the Silver Lake story, and to the limited partners who have confidence in our ability to create exceptional long-term value in a socially responsible manner by helping those companies grow and drive innovation for the benefit of all stakeholders.”
Silver Lake invests flexibly across a broad spectrum of technology, technology-enabled and related growth industries, ranging from semiconductors, software, cloud computing, transaction processing, and IT infrastructure to cybersecurity, e-commerce and vertical specific technology investments in the travel, transportation, healthcare, financial services and media sectors. Silver Lake’s diverse ecosystem of portfolio companies collectively generates more than $180 billion of revenue annually and employs more than 400,000 people globally.
Today’s announcement follows Silver Lake’s announcement in September of a new long-term strategy, supported by a $2 billion seed investment from Mubadala, and caps a year in which Silver Lake announced new investments in companies including Twitter, Airbnb, Expedia, Jio Platforms, Reliance Retail, Klarna, Silae, Meilleurtaux and TAL; achieved partial or full realizations of its investments in companies such as Alibaba, NortonLifelock, Ancestry and Credit Karma; and saw initial public offerings for existing portfolio companies such as GoodRx and Unity Technologies.
“We are very pleased with the response we have received across the board from limited partners, especially given the current environment, which we believe validates Silver Lake’s strategic discipline, deep technology expertise, and intensive focus on growth,” said Susannah Carrier, Managing Director and global head of fundraising and investor relations. “We are grateful to our returning and new investors for entrusting Silver Lake with their capital as we continue to cultivate a culture of excellence and an alignment of interests to generate exceptional performance.”
Investors in Silver Lake Partners VI include public and corporate pension funds, sovereign wealth funds, insurance companies, endowments, foundations, funds of funds, family offices, technology industry leaders and individual investors across North America, South America, Europe, Asia and the Middle East.
About Silver Lake
Silver Lake is a global technology investment firm, with approximately $75 billion in combined assets under management and committed capital and a team of professionals based in North America, Europe and Asia. Silver Lake’s portfolio of investments collectively generates more than $180 billion of revenue annually and employs more than 400,000 people globally. For more information about Silver Lake and its portfolio, please visit www.silverlake.com.