Exclusive: Silver Lake to seek more than $16 billion for buyout fund - sources
Share:
(Reuters) - Private equity firm Silver Lake Partners is preparing to seek at least $16 billion from investors for its sixth flagship buyout fund, braving the economic uncertainty of the coronavirus outbreak, according to people familiar with the matter.Investing the money raised in the coming months could allow Silver Lake to snap up companies at depressed valuations, given the pandemic's impact on the global economy, including the technology and media sectors that the private equity firm..