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Vista Equity mulls $10 bln deals

Vista Equity Partners is mulling potential acquisitions at or above $10 billion, with valuations below peak levels in the tech sector despite lofty prices, said the firm’s Chief Executive Officer Robert Smith.

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TPG reaches $6.5 bln for Fund VII’s first close

TPG Capital LP drew in $6.5 billion in commitments for its first close on TPG Partners VII, its newest flagship fund that offered discounts on management fees for early investors, according to a person familiar with the firm.