Motive Partners Raises $2.5 Billion

The second flagship fund of premier financial technology-focused private equity firm Motive Partners, Motive Capital Fund 2, has successfully closed with total capital commitments of $2.54 billion for the Fund and its related co-investment vehicles.

The Fund uses the same investment approach as the first flagship fund from Motive Partners. The Fund focuses on growth and buyout investments in North American and European-based software, investment, and information services businesses. Ten businesses—InvestCloud, Insurify, Wilshire, Trumid, Motive Capital Corp II, CAIS, FNZ, Forge Global, BetaNXT, and Backbase—have already joined forces with the Fund.

A geographically broad group of investors, including family offices, public and private pension funds, sovereign wealth funds, foundations, financial institutions, and high net worth individuals, made commitments to the Fund. A sizeable number of new investors joined the first fund’s existing investors.

Motive Partners’ founder and managing partner, Rob Heyvaert, said: “We are deeply grateful for the support from our existing investors and are delighted to welcome a roster of new partners to the Motive family – thank you for your trust. We will continue to be laser-focused on partnering transformational capital with world-class management teams.”