Summit Partners, a global growth equity investment firm, announces the closing of its latest flagship U.S. growth equity fund. Summit Partners Growth Equity Fund XII (“Summit XII”) launched fundraising in late April 2024 and held its closing after approximately five months with $9.5 billion in capital. Consistent with the firm’s prior funds, the general partner will be the single largest investor in Summit XII. Summit’s global team includes more than 100 investment professionals with deep domain knowledge within key growth sectors, including technology, healthcare, financial technology and services, business services and consumer.
Read the full article: Summit Partners Raises $9.5B for Twelfth U.S. Growth Equity Fund //
Source: https://www.summitpartners.com/news/summit-partners-raises-9-5-billion-for-twelfth-u-s-growth-equity-fund