Technology-focused Francisco Partners has secured more than $18bn across two new private equity funds, marking its largest fundraising to date and defying a cautious backdrop for tech buyouts shaped by AI-related disruption concerns, according to a report by Reuters.
The San Francisco-based firm is expected to formally close its flagship Francisco Partners VIII LP alongside its Agility Fund IV LP in the coming weeks, according to people familiar with the process. The flagship vehicle exceeded it...
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