Insight Partners, a New York-based software investor, closed its Continuation Fund II.
Limited Partners included HarbourVest Partners and Lexington Partners.
Continuation Fund II was established to acquire stakes in software companies across 6 Insight funds to support their continued growth while providing liquidity to Insight’s Limited Partners (LPs). In line with Insight’s commitment to being a partner to all its LPs, the firm structured Continuation Fund II to include a true “status quo” option, empowering LPs to choose whether they would participate in the transaction and take the liquidity or remain fully invested in the assets.
Insight Partners is a global software investor partnering with in technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries.
As of 31/12/2022 the closing of the firm’s recent fundraise, Fund XII, brings its regulatory assets under management to over $75B. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO.
Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto.
FinSMEs
19/05/2023