The Private Equity team advised Lead Edge Capital on the formation of Lead Edge Capital VII, LP, which closed with $3.5 billion of capital commitments. The fund was oversubscribed and is Lead Edge's largest fund to date, bringing Lead Edge's total capital raised since inception to $9 billion. Lead Edge will target making private equity investments between $50 million to $400 million per portfolio company, targeting software, internet, and technology-enabled businesses.
Lead Edge Capital is a $9 billion growth equity firm investing in software, internet, and tech-enabled businesses globally. The firm has invested in a number of major software and internet companies around the world, including Alibaba Group, Arrive Logistics, Asana, Azul Systems, Bazaarvoice, Clearscore, Duo Security, Grafana, Holistiplan, LiveView Technologies, Safesend, Toast, Wise, and YouSign. One of the main drivers of Lead Edge's success is its unique investor base, a network of 700+ executives, entrepreneurs, and dealmakers who have built and run some of the world's most successful companies. In addition to providing flexible capital, Lead Edge leverages this global advisory group to connect portfolio companies with the customers, partners, talent, and advisors needed to accelerate growth. Lead Edge Capital was founded in 2011 and has offices in New York City, London, and Santa Barbara.
The Goodwin deal team was led by Eric Goldstein and Ilan Nissan and included Bill Weiss, Samara Cramer, Matt Dunay, Youngjin Jang, Alex Reda, and Adam Schoen.
For more information on the deal, please read the press release.