Willkie Advises Novacap on Close of Novacap Tech Fund VII with Nearly $3.8 Billion in Commitments

"Willkie Farr & Gallagher advised Novacap on the final close of Novacap Tech Fund VII, securing nearly $3.8 billion in capital commitments, including affiliated vehicles. The fund was raised in under a year, surpassing a $2.75 billion target; Novacap now manages over $12 billion. Willkie also advised Novacap on 2025 M&A including a $1.9 billion take-private of Integral Ad Science."

Willkie Farr & Gallagher advised Novacap on the final close of Novacap Tech Fund VII, securing nearly $3.8 billion in capital commitments, including affiliated vehicles. On February 25, Novacap announced the final close of Novacap Tech Fund VII with nearly $3.8 billion in capital commitments. The fund was raised in under a year and quickly exceeded its $2.75 billion target, underscoring Novacap’s disciplined, value‑added approach to technology buyouts. Tech Fund VII is the latest in Novacap’s Technologies strategy and brings Novacap’s assets under management to more than $12 billion. In 2025, Willkie also advised Novacap on a number of high‑profile M&A transactions, including Novacap’s $1.9 billion take‑private of Integral Ad Science. Willkie Farr & Gallagher represented Novacap with a team composed by: partners Larissa R. Marcellino, Giovanni L. Smedley and Walter Turturro; and partners Caitlin Link, Henrietta de Salis, Alexander P. Ryan and Sarah C. Kessler. The team was drawn from Willkie’s Corporate & Financial Services, Private Equity, Asset Management and Private Funds practices.

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Willkie Advises Novacap on Close of Novacap Tech Fund VII with Nearly $3.8 Billion in Commitments

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Willkie Advises Novacap on Close of Novacap Tech Fund VII with Nearly $3.8 Billion in Commitments

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