Summit Partners Targets $9bn for Latest Growth Equity Fund

Flagship Fund Seeks to Build on Prior Successes

Summit Partners, a global alternative investment firm, is reportedly aiming to raise $9 billion for its twelfth flagship growth equity fund. This new fund targets investments ranging from $75 million to $500 million in profitable, high-growth companies across sectors like technology, healthcare, and financial services. Summit's previous fund, closed in 2021, secured $8.35 billion, surpassing its initial target​. Founded in 1984, Summit Partners has raised over $43 billion and invested in more than 500 companies worldwide​​.