The report cites documents prepared of a US pension fund as showing that Vista Equity Partners VIII, which launched earlier this year, has already passed the halfway mark.

A due diligence report by the chief investment officer of Connecticut Retirement Plans and Trust Funds CRTPF, prepared for the pension’s 16 November investment advisory council meeting reveals that the fund has so far raised $11 billion and that a final close is expected by October 2023.

Vista Equity Partners VIII’s Investor commitments to date include $250 million from Oregon State Treasury and $150 million from Teachers’ Retirement System of the State of Illinois, PEI data shows.

Read more: Private Equity Wire