But the fund that we’re talking about today, the main flagship fund, while it has the flexibility to invest in it public companies, it does very little of that other than go-private transactions, which is us taking a public company private, and then holding shares. We do have a crossover fund that does invest in public and pre-IPO-type privates. I’d also seen last year that you were separately raising a multibillion-dollar buyout fund.Īll of our flagship funds, really, the vast majority of them are invested in private companies, though obviously sometimes those companies go public. TC: First, to be clear, Insight is structured as a registered investment advisor.Īnd is more of your overarching portfolio made up of privately held companies - at the time of investment - or public companies, because I see Insight in majority and buyout deals, too. The following has been lightly edited for length and clarity.
#Insight venture partners series#
What follows is a conversation about - among other things - the firm’s investing criteria, its aggressive pacing and why it is increasingly writing Series A and B checks instead of making later-stage investments. We talked yesterday with one of the firm’s head honchos, Deven Parekh, who joined Insight in 2000 and has since invested in more than 130 investments on Insight’s behalf in enterprise software, data and consumer internet businesses, including in North America, Europe, India, Israel, China, Africa, Latin America and Australia.īecause Insight’s senior leadership doesn’t often talk about the firm’s inner workings, we asked him to give us a peek. Indeed, Insight, which opened an office in London in 2016, in Israel in 2019, and has begun investing in Asia as well as Latin America, is now among the most powerful investment firms in the industry largely thanks to its global focus on recurring revenue businesses across a variety of industries and stages. It’s a far cry from the $700 million that the firm raised back in 2000 for its fifth fund, a time when Insight was known as an East Coast investor that was sweet on adtech companies.
It also brings Insight’s total assets under management to a somewhat jaw-dropping $90 billion. The fund marks the firm’s largest fundraise to date and very notably, its 350 employees, including 36 managing directors, represent the largest investment bloc in the fund.
#Insight venture partners software#
The New York-based, 27-year-old, global software investment firm Insight Partners has closed its twelfth flagship fund with a stunning-even-by-today’s-standards $20 billion in capital commitments.
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