Firm Advises Insight Venture Partners in Formation of $4.75 Billion Funds

Insight closes on Insight Venture Partners IX, L.P. and Insight Venture Partners Growth-Buyout Co-Investment Fund, L.P. to invest in growth-stage software, software-enabled services, and Internet businesses.

The firm recently advised Insight Venture Partners as sponsor in the formation of Insight Venture Partners IX, L.P., a  private equity fund investing in growth-stage global software, software-enabled services, and Internet businesses, and Insight Venture Partners Growth-Buyout Co-Investment Fund, L.P., a co-investment vehicle that will co-invest with Fund IX in control transactions, with combined commitments of $4.75 billion.

New York-based Insight Venture Partners is a leading global private equity and venture capital firm investing in software, Internet, and data-services companies. Since its founding in 1995, Insight has raised more than $13 billion and made more than 250 investments worldwide.

The deal was handled by partners Gordon Caplan, Adrienne Atkinson, James Brown, Hillel Jacobson and Peter Haller, of counsel Scott Arenare and associates Daniel Mencaroni, Tina Chan, Meredith Levy, Brent Morowitz, Christopher Chan, Steven Messer, Anton Brett, Anne Fox, Jessica Herlihy, and Ross Weinstein.