Tech private equity vets raise $3 billion for digitization fund

Österreich Nachrichten Nachrichten

Tech private equity vets raise $3 billion for digitization fund
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 axios
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

David Roux says he feels like he did when launching Silver Lake more than two decades ago.

BayPine, a Boston-based midmarket buyout firm led by David Roux and Anjan Mukherjee , raised $2.2 billion for its debut fund. It also secured $800 million in co-investment commitments.This is a pair of tech vets aiming at the wide swath of non-tech companies that have yet to fully embrace digitization.

Roux tells Axios that he feels like he did when launching Silver Lake 23 years ago, before most of private equity cared about tech, in that peers soon will recognize digitization as the next big investable trend. "I liken it to what happened at the turn of the century when the entire economy went from steam powered to electric," he says. "It took 30 years! Not everyone moves at the same time. Just look at autos, where Tesla has been around for 15 years but many automakers are just now introducing competitive products.BayPine expects to have a concentrated portfolio of 10 or fewer companies, with three investments already in the portfolio .

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

axios /  🏆 302. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Standup comedian & Netflix star David A. Arnold dead at 54Standup comedian & Netflix star David A. Arnold dead at 54Netflix creative and comedian David A. Arnold tragically passed away at age 54. His family says the 'Fuller House' writer died of 'natural causes.'
Weiterlesen »

David A. Arnold, comedian of Netflix specials, dies at 54David A. Arnold, comedian of Netflix specials, dies at 54David A. Arnold, a comedian who was a producer of the “Fuller House” reboot and the creator and showrunner of Nickelodeon’s “That Girl Lay Lay,” has died.
Weiterlesen »

David A. Arnold, standup comedian and star of Netflix specials, dies at 54David A. Arnold, standup comedian and star of Netflix specials, dies at 54REST IN PEACE: David A. Arnold, a comedian who was a producer of the 'Fuller House' reboot and the creator and showrunner of Nickelodeon's 'That Girl Lay Lay,' has died.
Weiterlesen »

Phillies let one get away as David Robertson blows save in 6-5 loss to MarlinsPhillies let one get away as David Robertson blows save in 6-5 loss to MarlinsA second consecutive rough outing for Robertson could accelerate relief ace Seranthony Dominguez's return from the injured list.
Weiterlesen »

The Ends by David & Maria Lapham, A Weekly Bad Idea For 2023The Ends by David & Maria Lapham, A Weekly Bad Idea For 2023It might be a Bad Idea to start off a bunch of comic book announcements with one called They're All Terrible and then follow with one called The Ends. The
Weiterlesen »

David Sedaris’s “Now We Are Five”David Sedaris’s “Now We Are Five”A person expects his parents to die. But a sibling?
Weiterlesen »



Render Time: 2025-04-05 03:40:38