Vista Equity Partners Closes $3.5 Billion Fund

Private equity group Vista Equity Partners, which has significant operations in Austin, said this week that it has closed on its fourth fund, Vista Equity partners Fund IV, at $3.5 billion. The investor said it now manages over $6.6 billion in committed capital. Vista Equity Partners' investments include Turaz (divested from Thomson Reuters), Vitera (formerly a division of Sage), CD Software, and MiSys. Vista Equity Partners' offices are split between Austin, Chicago, and San Francisco.