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Year Founded: 2009

AUM: $65B | Dry Powder: $15.1B
345 California Street Suite 2600 San Francisco, CA 94104 US

Sixth Street Partners is a private equity firm founded in 2009 and is based in San Francisco, California. The firm seeks to invest in growth-stage companies operating in the business services, consumer, internet, energy, healthcare, life sciences, real estate, renewables, retail, technology, software, telecom and media sectors

Key Contacts

  • David Stiepleman
    Co-Founder, Co-President
  • Alan Waxman
    Co-Founder and CEO
  • Robert Karicod
    Partner & Chief Financial Officer

Investment Preferences

  • Preferred Industries
    Agriculture, Buildings and Property, Commercial Products, Consumer Durables, Energy Equipment, Energy Services, Other Energy, Exploration, Production and Refining, Healthcare Services
  • Geographical Preference
    N/A
  • Preferred Deal Types
    Debt – General, Loan, Management Buyout, Mezzanine, PE Growth/Expansion, Recapitalization, Secured Debt, Subordinated Debt
  • Other Investment Preferences
    Invests in GP Stakes, Long-Term Investor, Prefers minority stake, Seeks Impact investments, Will syndicate

Investments By Year

Source: Pitchbook

Funds Closed

Sixth Street Growth Partners II
Vintage: 2022

Size: $3.6B

Dry Powder: $3.6B 

Details: The fund targets investments in late and mid-stage growth companies

Sixth Street Agriculture VSC
Vintage: 202`

Size: N/A

Dry Powder: N/A

Details: The fund targets investments in the agriculture sector

Sixth Street Specialty Lending Europe II
Vintage: 2021

Size: $1.2B

Dry Powder: $908.6M

Details: The fund targets investments in large-cap and middle-market businesses ranging from $50 million to over $2.5 billion

Investments By Industry

Investments By Region

Source: Pitchbook

Key Investments

In January 2023, Logile received an undisclosed amount of development capital from Sixth Street Partners. Sixth Street will accelerate Logile’s market expansion, grow the team, and further develop and enhance its client solutions. Logile develops workforce management and execution compliance software suite designed to provide industrial engineering consulting services.

In July 2022, Contentsquare, a digital analytics company, closed a $600 million growth investment round, including $400 million in Series F equity and $200 million in debt financing in a deal led by Sixth Street Partners. Eurazeo, BlackRock Private Equity Partners, SoftBank Investment Advisers and 6 other investors also participated in the round. Contentsquare will use the capital to scale investments in innovation, both organically and through M&A, support long-term growth in key markets, expand to new territories and deliver digital accessibility, privacy & sustainability.

In March 2022, Amplience, a commerce experience platform, secured $100 million of Series D venture funding from Sixth Street Partners, Farview Equity Partners, and Octopus Ventures. The funds will be used for expanding in the US and globally as well as support the development and roll-out of ‘Dynamic Commerce Experience’

In March 2022, EniPower agreed to sell 49% stake in the company to Sixth Street Partners for c.$667 million. EniPower is an energy generation company dedicated to the production of electricity and steam. The company offers decarbonized blue gas products, bioproducts from bio-refineries and green products from renewable sources.

In February 2022, Bloomreach, a developer of a cloud-based software received $175 million of development capital from Sixth Street Partners, Bain Capital Ventures, VII Ventutes and Goldman Sachs Asset Management. The capital will be invested in R&D to bring more personalization to life and make it easier to connect via APIs

In December 2021, SnapLogic, a developer of a unified data and application integration platform raised $165 million through the combination of debt and Series H venture funding in a deal led by Sixth Street Partners. The funds will be used to speed up the company’s international expansion, product innovation, and sales and marketing.

In July 2021, CIOX Health, a developer of a medical information management platform was acquired by Datavant, via its financial sponsors Sixth Street Partners, The Goldman Sachs Group, Cigna Ventures, Transformation Capital, Flex Capital and Johnson & Johnson Innovation – JJDC, through a $7 billion LBO

In November 2020, Convex Insurance, a specialty insurer and reinsurer firm received $500 million of development capital from Sixth Street Partners.

Other Details

Founded in 2009, Sixth Street is a global investment firm with $65 billion in assets under management. The company currently has more than 450 team members, including over 180 investment professionals operating from 10 locations around the world. The firm operates across 9 investment platforms which provides capital and created financing solutions across a wide range of industry verticals.

The firm’s recent open fund, Sixth Street CMS Dynamic Credit Note Issuer, is a debt fund managed by Sixth Street Partners. The fund, launched in October 2022, is located in Dallas, Texas, and has a size of $200 million.

Alpha Square Group, Aquiline Capital Partners, Black Diamond Capital Management, Coatue Management, EverCommerce, Glade Brook Capital Partners, Highland Capital Management, New Mountain Capital, Providence Equity Partners, Providence Strategic Growth, Silver Lake, The Goldman Sachs Group, W Capital Partners are some of the co-investors who invest alongside Sixth Street Partners.

Source: Pitchbook, Company Website, Press Release