Arendt Advises Thoma Bravo on Luxembourg aspects of its $32.4 Billion Fundraise

Experts involved in the Deal

Arendt & Medernach acted as Luxembourg counsel to software investment firm Thoma Bravo on the completion of fundraising for its latest buyout funds Thoma Bravo Fund XVI, a $24.3 billion fund and Thoma Bravo Discover Fund V, an $8.1 billion fund.

The fundraise demonstrates strong support from Thoma Bravo’s diverse network of investors for the firm’s buyout strategies. Commitments to the funds were secured from global investors, including sovereign wealth funds, public pension funds, multinational corporations, insurance companies, fund-of-funds, endowments, foundations and family offices. Each fund significantly exceeded its target. Thoma Bravo Fund XVI was oversubscribed and achieved its hard cap and Thoma Bravo Discover V experienced an over 30% increase in commitments from its prior vintage.