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Press Release / November 20, 2018

Vista Equity Partners Announces Expansion of Credit Platform with Executive Appointment

David Flannery joins Vista Credit Partners to grow the platform and expand credit investment strategies

AUSTIN, Texas–Vista Equity Partners (“Vista”), a diversified alternative investment platform across private equity, credit, and public securities with a dedicated focus on software, data, and technology-enabled businesses, today announced the expansion of its credit platform, Vista Credit Partners (“VCP”), formerly Vista Credit Opportunities, and the appointment of David Flannery as President of VCP. Under Flannery’s leadership, VCP will advance Vista’s growing credit strategy and extend its capabilities in the alternative corporate credit markets.

VCP will seek to leverage its new leadership and experience executing on credit strategies to expand into opportunistic, market dislocation and traded credit. Additionally, VCP will seek to thoughtfully expand across alternative corporate credit markets including the syndicated, traded, CLO, and private debt, creating value for new and existing investors.

“Vista’s focus and investment discipline in the software market is unmatched within the industry,” said David Flannery, President of Vista Capital Partners. “Over the last five years, VCP has demonstrated a unique and successful investment approach. VCP is well positioned to capture the enormous opportunity presented by the debt market, particularly in private credit. I am thrilled to join VCP and lead the platform into its next phase of growth.”

Flannery joins VCP with 25 years of experience across leveraged finance. He most recently served as Senior Managing Director of GSO Capital Partners, the global credit investment platform of Blackstone. Prior to Blackstone, he was a portfolio manager and managing director at Anchorage Capital Group, where he focused on illiquid credit opportunities and CLOs. Flannery will lead VCP as it further differentiates its credit investment strategy.

“We are confident David’s extensive expertise will be instrumental for Vista as we advance our credit strategy,” said Robert F. Smith, Founder, Chairman, and CEO of Vista Equity Partners. “The technology debt market is rapidly growing as technology increasingly impacts every aspect of the global economy. Vista Credit Partners is equipped to provide valuable insights and opportunities for credit investors, and under David’s leadership, we will expand our investment capabilities and fully leverage our industry expertise.”

About Vista Equity Partners

Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, New York City, Oakland, and San Francisco with more than $43 billion in cumulative capital commitments. Vista exclusively invests in software, data, and technology-enabled organizations led by world-class management teams. As a value-added investor with a long-term perspective, Vista contributes professional expertise and multi-level support towards companies to realize their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity. For more information, please visit www.vistaequitypartners.com.