What's New In Investments, Funds? – Summit Partners

Editorial Staff

7 October 2024

Summit Partners
Summit Partners, a growth equity investment firm operating in the US, UK and Luxembourg, has announced the closing of its latest US growth equity fund.

Called Summit Partners Growth Equity Fund XII, fundraising started in late April this year. It has shut doors on the process with $9.5 billion in capital. Consistent with the firm’s prior funds, the general partner will be the single largest investor in Summit XII.

Summit XII will target majority and minority investments of $75 to $500 million primarily in profitable, category-leading growth companies.Summit Partners was founded in 1984. Since then, it has invested in more than 550 companies in technology, healthcare and other growth industries. These companies have completed more than 175 public equity offerings. Summit is registered with the SEC in the US and the FCA in the UK. It has offices in Boston, Menlo Park and New York, as well as London and Luxembourg.