Thoma Bravo closes second credit fund at $3.3bn

Thoma Bravo continues to focus on software investing as it expands its credit platform with the firm’s largest close to date to the tune of $3.3 billion.

The closing of Thoma Bravo Credit Fund II follows an active year of deployment on the credit platform which invested over $2 billion into 39 unique portfolio companies across the platform in 2021.

“We are grateful for the strong support of our limited partners for helping us reach this milestone as we meet the growing demand for private credit in the software industry,” said Orlando Bravo . . .

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