Thoma Bravo Targets $20 Billion for Next Buyout Fund
- PE firm also seeking about $7 billion for mid-market fund
- Thoma Bravo known for its bets across the technology sector
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Thoma Bravo is targeting to raise about $20 billion for its next flagship buyout fund, people with knowledge of the matter said.
The technology-focused firm is discussing commitments to Thoma Bravo Fund XVI LP with potential investors, according to the people, who asked not to be identified discussing confidential information. The fund does not have a hard cap, one of the people said.