Diversis Capital Fund III Closes at $1.2 Billion Hard Cap

Diversis Capital Management Closes Fund III, At $1.2 Billion

Diversis Capital Management successfully closed its third flagship fund, Diversis Capital Partners III, L.P., at a hard cap of $1.2 billion, exceeding its original target of $850 million amid a challenging private equity fundraising environment. The fund targets control stakes in lower middle-market software and technology-enabled services companies, emphasizing operational enhancements, strategic M&A, and AI-driven innovation to drive value cre…

Diversis Capital soars past Fund III goal with over $1.2bn, almost twice the size of sophomore raise

Software and tech-enabled services-focused buyout house Diversis Capital has hit a $1.2bn hard cap close for its third fund, almost double the total of its sophomore vehicle. The post Diversis Capital soars past Fund III goal with over $1.2bn, almost twice the size of sophomore raise appeared first on AltAssets Private Equity News.

Diversis Wraps 3rd Fund With $1.2 Billion

In a powerful move that cements its status among the most dynamic players in private equity, Diversis Capital Management LP, advised by Paul Weiss Rifkind Wharton & Garrison LLP, announced Monday it has closed its third fund — Diversis Capital Partners III LP — after raising more than $1.2 billion. The fund, which hit its Diversis Wraps 3rd Fund with $1.2B to fuel global software, AI, and tech-enabled services growth.

Diversis Capital Fund III Closes at $1.2 Billion Hard Cap

Fund III advances Diversis' strategy of accelerating the growth of software and tech-enabled companiesStrong participation from diverse global base of new and existing institutional investorsFund III oversubscribed at hard cap