Menlo Park's TA Associates Raises $4.3 Billion in New Funds

Menlo Park -- TA Associates, a private equity and buyout firm with West Coast offices in Menlo Park, said on Monday that it has closed two new funds -- a $3.5 billion private equity fund and a $777.5 million subordinated debt fund. The private equity fund, TA X, is the follow-up to the firm's $2 billion fund, lunched in 2000. The fund will invest $50-$300 million in the North American and European technology, financial services, business services, healthcare and consumer sectors. The debt fund, TA SDF II, succeeds TA's $500 million mezzanine fund organized in March 2000, and will provide subordinated loans pf $10-$75 million to middle-market growth companies.
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