Thoma Bravo Fund XVI-A, L.P.
Thoma Bravo Fund XVI-A, L.P. is a private equity fund based in Chicago, Illinois. According to its most recent Form D, filed Jun 16, 2025, it has sold $24,183,749,508 of interests to 246 investors since its first sale in May 2024. The filing does not set a minimum investment. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Samuel Crabill; Lee Mitchell; Orlando Bravo.
- Total raised
- $24,183,749,508Cumulative sales reported on Form D
- Investors
- 246
- First sale
- May 31, 2024
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Samuel Crabill; Lee Mitchell; Orlando Bravo
- Latest Form D
- Jun 16, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Track record reported by a public pension
| Vintage | Fund | TVPI | Net IRR | DPI |
|---|---|---|---|---|
| 2025 | Thoma Bravo Fund XVI | 0.98x | n.m. | 0.00x |
| 2022 | Thoma Bravo Fund XV | 1.22x | 7.2% | 0.09x |
| 2021 | Thoma Bravo Fund XIV * | 1.12x | 3.8% | 1.12x |
Returns of funds in this family as reported by Oregon PERS for its own investments, as of Jun 30, 2026, net of fees. Matched by fund name, so a fund listed here may be a related vehicle rather than this exact fund. Funds under about three years old are often not meaningful (n.m.). The pension cautions that these figures do not reflect expected future returns and should not be used to compare funds. * Stake sold by the pension in the secondary market. Source report ↗ · What TVPI, IRR and DPI mean
Questions about Thoma Bravo Fund XVI-A, L.P.
What is the minimum investment for Thoma Bravo Fund XVI-A, L.P.?
Thoma Bravo Fund XVI-A, L.P.'s latest Form D, filed Jun 16, 2025, does not set a minimum investment. Managers can still require one in the offering documents.
Who can invest in Thoma Bravo Fund XVI-A, L.P.?
Thoma Bravo Fund XVI-A, L.P. is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has Thoma Bravo Fund XVI-A, L.P. raised?
Thoma Bravo Fund XVI-A, L.P. reports $24,183,749,508 sold from 246 investors on its Form D filed Jun 16, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is Thoma Bravo Fund XVI-A, L.P. based?
Thoma Bravo Fund XVI-A, L.P. is based in Chicago, Illinois and is managed by Thoma Bravo.
When did Thoma Bravo Fund XVI-A, L.P. launch?
Thoma Bravo Fund XVI-A, L.P. reports its first sale in May 2024.
Size compared with every private equity fund
Raised more than 100% of the 491 private equity funds based in Illinois, and more than 100% of all 9,142 that report sales.
Other funds with the same team
- Thoma Bravo Europe Fund, L.P.$1.5B
- Project Quail Opportunities, L.P.$0
- Thoma Bravo Executive Fund XVI-P, L.P.$0
- Thoma Bravo Executive Fund XVI, L.P.$0
- Thoma Bravo Discover Executive Fund V-P, L.P.$0
- Thoma Bravo Discover Executive Fund V, L.P.$0
- Thoma Bravo Employee Fund II, L.P.$0
- Thoma Bravo Access Fund II-P, L.P.$0