2025 Year In Review
Built for Growth.
Built to Scale.
Built to Scale.
A year of momentum, with capital deployed and realized across North America and Europe. Disciplined execution supported one of the most active years in the firm’s history, reflecting our long-standing strategy of helping build software platforms that scale and endure over time.
$4.9B
Invested in 2025
20
Investments in 2025
$4.1B
Realized in 2025
45
Realizations in 2025
$30B
Assets Under Management
165+
Total Platform Investments
Investments
Following multiple fund closes this year, capital was invested across platforms and geographies, with $4.9B invested in 20 new platform companies.
Exits
Continued demand from strategic acquirers and financial buyers drove $4.1B of realizations across 30 portfolio companies, including 20 partial or full exits.
In the Media
Portfolio activity and perspective showed up across the broader software ecosystem.