Francisco Partners Closes $3.3B Credit Fund

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The fund’s focus spans a wide array of structures, including traditional credit financings and flexible capital solutions. Francisco Partners plans to leverage its technology sector expertise to expand its reach and support companies with tailored financing options.

Diverse Global Support

FP Credit Partners III LP attracted a broad base of limited partners from across North and South America, Europe, Asia, and the Middle East. Investors include public and corporate pension funds, endowments, foundations, sovereign wealth funds, insurance companies, and family offices.

“We are thrilled to see continued demand for our capital solutions,” said Francisco Partners co-founder and CEO Dipanjan Deb. “Taking a ‘one firm’ approach has enhanced our ability to support innovative businesses in the technology ecosystem.”

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A Track Record of Strategic Investments

Francisco Partners’ credit platform has already partnered with a variety of technology-driven companies, including:

  • Zotec Partners: A provider of revenue cycle management solutions for healthcare practices.
  • Zocdoc: An online platform for healthcare discovery and appointment booking.
  • Eventbrite: A self-service event ticketing technology service.

The firm’s comprehensive credit and structuring expertise complements its private equity operations, enabling it to provide robust financial solutions across the technology landscape.

Legal Guidance

The Kirkland & Ellis LLP team advising Francisco Partners on the fund’s formation was led by partners Michael Lee and Justin Solomon.