
Summit Partners Closes $9.5 Billion Growth Equity Fund XII
Key Highlights:
- Summit Partners closes $9.5 billion Growth Equity Fund XII after five months of fundraising.
- Fund focuses on investments of $75M to $500M in profitable growth companies.
- Firm now manages over $46 billion in assets across its fund complex.
- Summit’s strategy is grounded in the belief that profitable growth yields superior risk-adjusted returns.
Source: Business Wire
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