Vista Equity Partners Fund VIII, L.P. Recommendation Report
Hamilton Lane
Key Terms¹
Term
Investment Period
Fund Term
GP Commitment
Management Fee
Fee Discount
Fee Offset
Organization Expenses
Carry/Preferred Return
GP Catch-up
Clawback
5 years
10 years; + 1 one-year extension at the discretion of the General Partner; + 1 one-year extension with
advisory board approval
$2 billion
100%
Summary
Class A: 1.0% of aggregate commitments stepping down to 1.0% of net contributed capital during the
post-investment period
Class B: 1.5% of aggregate commitments stepping down to 1.5% of net contributed capital during the
post-investment period
Offering six-month fee discount for investors who close before 4/1/22
Yes
Executive Summary (cont.)
The lesser of 0.1% of aggregate commitments and $12.5 million
Class A: 30%/10%; deal-by-deal
Class B: 20%/8%; deal-by-deal
100%
¹ Refers to the terms proposed by the General Partner as of October 2021; terms are subject to change during fundraising
November 2022 | Proprietary and Confidential
Executive Summary | General Partner | Investment Strategy | Track Record | ESG | Appendices
Vista Equity Partners Fund VIII, L.P. | Page 5View entire presentation