Jul 2, 2013 - Proposed Investment in Vista Foundation Fund II, L.P. Outstanding Track Record: Vista was the top performing private equity fund in the 2000. And methodologies known as the Vista Standard Operating Procedures. Vista Consulting Group (VCG) is a team of subject matter experts who work in conjunction with portfolio company executives and Vista investment professionals to help our businesses strengthen their operations through standardized and repeatable processes and methodologies. Vista Best Practices are what sets VCG apart within the industry.

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WE WILL NEVER SHARE YOUR EMAIL OR CONTACT DETAILS WITH ANY OUTSIDE COMPANY HOWEVER. Should you have any questions please do not hesitate to contact us:. The ballooning size of Vista Equity Partners latest fund, its largest to date at $5.8 billion, will have no effect on the firm’s performance or strategy, said founder Robert Smith at the Columbia Business School Private Equity & Venture Capital Conference on March 6. Vista, which acquires enterprise software companies, boosted the size of its flagship funds by more than $2 billion in each of its previous two fundraises. The 2012 follow-up to Vista’s $1.3 billion 2008 vintage vehicle closed at $3.5 billion. This October the firm closed successor Vista Equity Partners Fund V at $5.8 billion. “The thing that I tell our LPs is, the only reason we raised $6 billion (with Fund V) is because we didn’t raise $10 (billion),” said Smith during his keynote address.

“We’ll be back in the market soon enough as we deploy this capital.” He added: “We have had as great a success with billion dollar software companies as we have with $30 million software companies.” In a follow-up interview after his address,Smith said that some investors have cautioned the firm not to raise too big a fund. But by and large, he said, LPs approved the larger fund sizes to accommodate their growing appetite for allocations. On average, he said, Vista LPs request allocations that are more than two and a half times the size of their previous commitments.

“We’re usually 4x oversubscribed, so I imagine (LPs) are happy,” Smith said. The firm’s track record has propelled demand for those allocations. Vista’s second and third flagship funds rank among their vintage’s top-performing private equity vehicles, according to New Jersey Division of Investment documents. Vista Equity Partners Fund III generated a 2.36x total value multiple as of Dec.

In January, the Wall Street Journal reported that Fund II—a 2000 vintage fund—had produced a 29.2 percent internal rate of return. New Jersey documents also indicate that Fund IV, the firm’s 2012 vintage fund, had generated a 1.20x multiple as of Dec. Smith spent the bulk of the keynote address discussing Vista’s approach to portfolio company operations. The firm has developed a series of core best practices—known as Vista Standard Operating Procedures—which Smith said improve internal operations no matter the size of the company. “Software companies (all) taste like chicken,” he said.

“They’re selling different products, but 80 percent of what they do is pretty much the same.” Buyouts Snapshot is a brief look at selections of work that appear in our premium publication Buyouts. Buyouts is published by Buyouts Insider. Subscribers can read.

Dustin Beck is a Co-Founder and Co-CEO of Butterfly. Beck has over 15 years of investing and operating experience with a primary focus on consumer and technology, and is responsible for deal origination, transaction execution, portfolio management and overall leadership of Butterfly. Beck has been involved in transactions totaling over $1 billion of invested capital. Beck serves on the board of directors of each of Pacifico Aquaculture, Modern Market, Lemonade Restaurant Group and the Butterfly Equity Foundation. Prior to founding Butterfly, Mr. Beck launched and led the eSports business of Riot Games, publisher of the critically-acclaimed video game League of Legends, where he helped drive the most popular video game in the world to also become the fastest growing spectator sport of all time, and now one of the most watched sports in the world. Prior to joining Riot Games in 2012, Mr.