Kirkland & Ellis advised Thoma Bravo, a leading software investment firm, on the completion of fundraising for its buyout funds totaling more than $32.4 billion in capital commitments: Thoma Bravo Fund XV, a $24.3 billion fund, Thoma Bravo Discover Fund IV, a $6.2 billion fund and Thoma Bravo Explore Fund II, a $1.8 billion fund (the “Funds”). Each fund surpassed its target, demonstrating the strong support by Thoma Bravo’s diverse network of investors for the firm’s buyout strategies. Thoma Bravo Fund XV represents the largest tech-focused buyout fund ever raised.