Robert Smith, founder, chairman and CEO of Vista Equity Partners, speaks at the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2016. Photo courtesy Reuters/Lucy Nicholson - RTX2CIE6
Fund being marketed to select LPs
Will be permanent capital for long hold periods
LPs will be granted periodic distributions
Vista Equity Partners may raise up to $3 billion for its debut permanent capital fund, which the firm has been marketing to select limited partners, according to a source who has heard the pitch. Vista has been in the market ...