Exclusive: Silver Lake close to raising $10 billion fund - source

NEW YORK (Reuters) - Silver Lake Partners, the technology-focused private equity firm backing a $24.4 billion bid to take Dell Inc private, is close to raising $10 billion for its latest fund, exceeding its initial fundraising target on strong investor demand, according to a person familiar with the matter. Silver Lake Partners IV, a private equity fund which started fundraising last year with a target of $7.5 billion, may complete fundraising this month, said the person on condition of anonymity because the process is confidential. ...

via Tech News Headlines - Yahoo! News http://news.yahoo.com/exclusive-silver-lake-close-raising-10-billion-fund-213119632--sector.html