Silver Lake racks up $20.5bn for seventh fund

• Silver Lake invests across a wide spectrum of global technology sector and in technology-enabled businesses
• Silver Lake recently named Christian Lucas as a managing partner and Jim Whitehurst as a managing director
• Silver Lake has approximately $102 billion in combined assets under management

Silver Lake has closed its seventh fund at $20.5 billion.

Silver Lake Partners VII’s limited partners include public and corporate pension funds, sovereign wealth funds, insurance companies, endowments, foundations, funds of funds and family offices across the Americas, Asia-Pacific, and EMEA.

Silver Lake invests across wide spectrum of global technology sector and in technology-enabled businesses.

“We are deeply grateful to each of our investors, new and returning, for the confidence they place in Silver Lake,” said co-CEOs Egon Durban and Greg Mondre on behalf of the firm’s managing partners in a statement. “We are similarly appreciative of the truly special management teams we are so fortunate to work with – the world’s best – with whom we have cultivated successful and winning relationships based on deep engagement and trust through multiple cycles of technology investing at scale.”

Recently, Silver Lake has named Christian Lucas, a managing director and co-head of the firm’s activities in Europe, has been named a managing partner. Jim Whitehurst, who had previously served as a senior advisor to Silver Lake before being named interim CEO at Unity, has returned to Silver Lake as a managing director who will lead operating and investment team initiatives.

Silver Lake has approximately $102 billion in combined assets under management and a team of professionals based in North America, Europe and Asia.