JMI Equity closed a $1.2 billion fund focused on investing in high-growth software companies, surpassing the amount raised by a similar fund four years ago. The fund, called JMI IX, is the largest ever closed by the firm and exceeded its target. JMI, which has offices in Baltimore and San Diego, has raised more than $4 billion since its inception in 1992. The previous largest fund was the $1 billion JMI VIII fund completed in 2014. JMI launched the fund in June with a goal of raising $1.1 billion,…
from https://www.bizjournals.com/baltimore/news/2018/12/11/jmi-equity-closes-1-2-billion-fund-for-investing.html?ana=RSS&s=article_search
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