Silver Lake raises $726M for middle-market fund

Silver Lake Partners, a Silicon Valley buyout firm, has raised more than $726 million for its debut middle-market fund, according to a regulatory filing cited by PE Wire. The fund is named Silver Lake Sumeru, and is being marketed with a $750 million target and $1 billion cap.

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Matt Marshall is editor and CEO of VentureBeat. Follow him on Twitter at @mmarshall, and follow VentureBeat on Twitter at @venturebeat.