Crosspoint debuts software-focused fund at $1.3bn

Crosspoint Capital Partners closed its inaugural fund focused on cybersecurity, privacy and infrastructure software sectors at $1.3 billion, making it of the largest first-time, technology-focused private equity funds ever raised.

Crosspoint Capital Fund I will likely be a concentrated portfolio if investments with a focus on operations and value creation post-investment. Crosspoint made its first significant investment in Forescout Technologies Inc., a cybersecurity company that provides an active defense for the enterprise of things. The transactions included in Fund I are buyouts, minority growth equity investments, corporate carve-outs and structured investment opportunities . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Related Articles

Back to top button

Get our daily news digest
in your inbox

Our FREE mailing list brings you daily alts intel.

Thank you for subscribing.

Something went wrong.