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Vista appoints Wanstrath as corporate growth initiatives MD

Previously, she was co-head of private equity funds at the Teacher Retirement System of Texas.

Vista Equity Partners has named Shelby Wanstrath as managing director of corporate growth initiatives. Her appointment begins August 2021. Previously, she was co-head of private equity funds at the Teacher Retirement System of Texas.


AUSTIN, Texas–(BUSINESS WIRE)–Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that it is expanding its senior team with the appointment of Shelby Wanstrath as Managing Director, Corporate Growth Initiatives, effective August 2021. Ms. Wanstrath will be based in Austin, Texas and report to David A. Breach, Vista’s Chief Operating Officer and Chief Legal Officer and a Senior Managing Director at the Firm.

“Shelby is a strategic and creative leader who brings a wealth of experience to Vista,” said David A. Breach. “Her operational acumen and ability to build strong partnerships that deliver positive, consistent outcomes across organizations will further accelerate our continued growth as we invest in companies that are harnessing the transformative power of digital technology. We welcome her innovative approach, passion and vision for helping our organization as we continue to grow.”

Ms. Wanstrath’s nearly 20 years of experience in the private investments industry will add significant knowledge and expertise to the firm. She will work closely with Vista’s Executive Committee and the broader organization to lead and support key cross-functional initiatives with a specific focus on new product development, strategic partnerships and fund management programs, among others. Ms. Wanstrath will play an important role in contributing to Vista’s continued growth and market leadership.

“I am thrilled to join Vista at a time when the firm’s growth is only accelerating and the rapid digitization of our world is fueling demand for enterprise software,” said Shelby Wanstrath. “Vista’s mission and the boundless potential for impact catalyzed by its technology investment platform is made possible by their commitment to a culture of excellence and innovation. I look forward to being part of an organization that leads with purpose and drawing on my LP and GP experience in partnership with the Vista team to create enduring market value for investors and all stakeholders alike.”

Ms. Wanstrath most recently served as the Co-Head of Private Equity Funds at the Teacher Retirement System of Texas where she oversaw the group’s $27 billion private equity funds portfolio and was a member of the Private Equity Investment and Management Committees. Prior to joining TRS in 2014, she led European private equity investments for Partner’s Group and held investment team positions at WhiteHorse Capital and Prudential Capital Group.

Ms. Wanstrath received her BBA in Accounting and Finance and MS in Accounting from SMU, and her MBA from London Business School. She sits on the boards of Dell Children’s Medical Foundation and Petra Preschool.

About Vista Equity Partners
Vista is a leading global investment firm with more than $75 billion in assets under management as of December 31, 2020. The firm exclusively invests in enterprise software, data and technology-enabled organizations across private equity, permanent capital, credit and public equity strategies, bringing an approach that prioritizes creating enduring market value for the benefit of its global ecosystem of investors, companies, customers and employees. Vista’s investments are anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven, flexible management techniques that drive sustainable growth. Vista believes the transformative power of technology is the key to an even better future – a healthier planet, a smarter economy, a diverse and inclusive community and a broader path to prosperity. Further information is available at Follow Vista on LinkedIn, @Vista Equity Partners, and on Twitter, @Vista_Equity.