Frequently Asked Questions
Find answers to commonly asked questions about Vista Equity Partners
Vista Equity Partners (Vista) is a leading global investment firm that invests in enterprise software businesses. The firm has more than $100 billion in assets under management and over 25 years of investing experience. Learn more about Vista here.
AUM as of June 30, 2025. Years of experience as of September 30, 2025.
Robert F. Smith is the Founder, Chairman and CEO of Vista Equity Partners. Since founding Vista in 2000, Robert has guided the firm through periods of rapid growth and expansion, supervising over 650 completed transactions representing more than $330 billion in aggregate transaction value. He directs Vista’s investment strategy and decisions, governance and investor relations, and serves on Vista’s Executive Committee, Private Equity Management Committee and Private Equity Funds’ Investment Committee. Learn more about Robert F. Smith here.
As of September 30, 2025.
David Breach is the President and Chief Operating Officer of Vista Equity Partners. David advises on Vista’s investment strategies, aids in evolving the governance of the firm and oversees strategic growth initiatives, among other responsibilities. David serves on Vista’s Executive Committee, Private Equity Management Committee and Private Equity Funds’ Investment Committee. Learn more about David Breach here.
Vista Equity Partners has more than $100 billion in assets under management, including a portfolio of over 90 enterprise software companies. Since its founding in 2000, Vista has expanded to include five offices globally.
AUM as of June 30, 2025. Companies and offices as of September 30, 2025.
No, Vista Equity Partners is a privately held investment firm.
Vista Equity Partners is a global investment firm that invests in enterprise software through multiple strategies including private equity and private credit. Vista also offers private wealth solutions to eligible investors and financial advisors.
Vista Equity Partners leverages its deep experience and expertise in enterprise software to seek to deliver risk-adjusted returns to its investors through private equity and private credit strategies. Vista’s private wealth solutions team works directly with wealth professionals to provide eligible investors with access to investments in enterprise software.
Vista Equity Partners invests exclusively in enterprise software companies through private equity and private credit. Through its Flagship, Foundation, Endeavor and Perennial strategies, all of which are private equity funds, Vista invests in large cap/buyout, middle market, lower middle market and permanent capital. Through its Flagship Credit, Strategic Lending and Capital Solutions strategies, Vista Credit Partners offers sponsors and founder-led software companies a variety of credit and capital solutions. Learn more about Vista’s portfolio of enterprise software companies here.
Vista Equity Partners has more than 90 enterprise software businesses in its portfolio. Learn more about Vista’s portfolio companies here.
As of September 30, 2025.
Explore recent deal activity and company news here.
Vista Equity Partners helps software companies reach their full potential through value creation. Our Value Creation Team partners with company management to accelerate growth and innovation, leveraging best practices formed over 25 years and 650+ transactions in the enterprise software market. Learn more about Vista’s approach to scaling companies here.
Best practices as of December 31, 2024. Transactions as of September 30, 2025.
Vista Equity Partners helps its companies drive operational improvements and innovation through the strategic use of technology. While specific implementations may vary by company, the firm helps its private equity portfolio companies leverage generative artificial intelligence (Gen AI) and Agentic AI to accelerate product innovation and reduce operating costs.
Vista Equity Partners measures success in its private equity portfolio companies primarily through revenue growth and EBITDA expansion to drive enterprise value. Companies are evaluated against the Rule of 40, balancing growth and profitability. Key levers include cost reduction with customer retention, effective pricing, strategic M&A, a strong sales engine, and an aligned executive leadership team. Learn more here.
Vista Equity Partners is always looking for outstanding individuals to join the team. Learn more about careers at Vista here.
Vista Equity Partners is committed to fostering a culture of excellence, diversity and inclusivity. Through mentorship and professional development opportunities, employees at Vista are empowered to be the best version of themselves. Learn more about Vista’s inclusive, growth-oriented culture, and hear directly from Vista employees on their experiences at the firm here.
Vista Equity Partners primarily raises capital through private equity funds structured as closed-ended limited partnerships, available to institutional investors such as pension funds, endowments, sovereign wealth funds, and family offices. The firm also provides access to enterprise software investment via the private wealth channel. Additionally, Vista offers investment exposure through credit funds focused on debt investments in software companies.
The typical minimum commitment required to invest directly in a Vista Equity Partners private equity or credit fund is at Vista’s discretion and may vary per fund.
Together with parallel partner capital, Vista Equity Partners Fund VIII raised ~$21 billion to address the Flagship market opportunity and formed the largest pool of capital in Vista’s history. For more detail regarding Vista’s vehicles, please refer to the timeline here.
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