 | |
| Company type | Private |
|---|---|
| Industry | Investment management |
| Founded | 2012 |
| Founder | Marc Stad |
| Headquarters | Letterman Digital Arts Center, San Francisco, California, U.S. |
| Products | |
| AUM | US$22.6 billion (2024) |
Number of employees | 83 (2024) |
| Website | |
| Footnotes /references [1] | |
The Dragoneer Investment Group (Dragoneer) is an American investment firm based in San Francisco, California. The firm focuses on technology investments in both public and private markets globally. [2] [3]
Dragoneer is based in San Francisco and was founded in 2012 by Marc Stad. [3] [4] [5] Stad was an investment professional who had previously worked at the Investment Group of Santa Barbara, TPG Capital and McKinsey & Company. [3] [4]
Dragoneer describes itself as growth-oriented investment firm with more than $17 billion in long-duration capital from institutional funds such as endowments, foundations, sovereign wealth funds and family offices. [6]
For public markets, Dragoneer manages long-only strategy funds that invests in technology companies. [6]
For private markets, Dragoneer manages private growth equity funds that provides funding to private technology companies. [6] The firm avoids going through the traditional fundraising method and instead tries other methods such as secondary stock sales or using convertible debt notes. [7]
In August 2020, Dragoneer Growth Opportunities Corp was listed on the New York Stock Exchange (Ticker: DGNR) raising $600 million. [8] DGNR is a SPAC which is a blank-check company. [8] On February 3, 2021, it was announced that Auto-insurance IT provider, CCC Information Services would become a listed company by merging with DGNR in a deal worth $7 billion. [9]
In November 2020, a second SPAC, Dragoneer Growth Opportunities Corp II was listed on the Nasdaq (Ticker: DGNS) raising $240 million. [10] In July 2021, Cvent became a listed company by merging with DGNS in a deal worth $5.3 billion. [11]
In March 2021, a third SPAC, Dragoneer Growth Opportunities Corp III was listed on the Nasdaq (Ticker: DGNU) raising $400 million. [12]
| Fund | Vintage Year |
|---|---|
| Dragoneer Global Fund | 2012 |
| Dragoneer Opportunities Fund | 2014 |
| Dragoneer Opportunities Fund II | 2015 |
| Dragoneer Global Fund II | 2015 |
| Dragoneer Opportunities Fund III | 2017 |
| Dragoneer Opportunities Fund IV | 2019 |
TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm invests in a range of industries including consumer/retail, media and telecommunications, industrials, technology, travel, leisure, and health care. TPG became a public company in January 2022, trading on the NASDAQ under the ticker symbol “TPG”.
A special-purpose acquisition company, also known as a "blank check company", is a shell corporation listed on a stock exchange with the purpose of acquiring a private company, thus making the private company public without going through the initial public offering process, which often carries significant procedural and regulatory burdens. According to the U.S. Securities and Exchange Commission (SEC), SPACs are created specifically to pool funds to finance a future merger or acquisition opportunity within a set timeframe; these opportunities usually have yet to be identified while raising funds.
Perella Weinberg Partners is an American global financial services firm focused on investment banking advisory services.
Khosla Ventures is an American venture capital firm founded by Vinod Khosla, focused on early-stage companies in the Internet, computing, mobile, financial services, agriculture, healthcare and clean technology sectors. Some of its most successful investments include Affirm, DoorDash, Square, Impossible Foods, Instacart, and OpenAI.
A Business Development Company ("BDC") is a form of unregistered closed-end investment company in the United States that invests in small and mid-sized businesses. This form of company was created by the US Congress in 1980 in the amendments to the Investment Company Act of 1940. Publicly filing firms may elect regulation as BDCs if they meet certain requirements of the Investment Company Act.
Publicly traded private equity refers to an investment firm or investment vehicle, which makes investments conforming to one of the various private equity strategies, and is listed on a public stock exchange.
Riverstone Holdings is a multinational private equity firm based in New York City focused on leveraged buyout, growth capital, and credit investments in the energy industry and electrical power industry sectors. The firm focuses on oil and gas exploration, midstream pipelines, electricity generation, energy and power services, energy and power technology, and renewable energy infrastructure and technology. Riverstone has raised approximately $41 billion since the firm's inception in 2000.
Genstar Capital is a private equity firm that executes leveraged buyout transactions in middle-market companies based in North America. Founded in 1988, Genstar currently has approximately $33 billion in assets under management.
GCM Grosvenor is an American alternative asset management firm, with approximately $76 billion in assets under management and approximately 530 professionals as of 2023.
FirstMark is a Venture capital firm based in New York City. FirstMark invests in early-stage technology companies, frequently as the first institutional investor and leading the rounds it participates in. Notable investments include Airbnb, Pinterest, Shopify, DraftKings, Stubhub, Upwork, and Ro.
Andrew Mead Murstein is an American businessman. He is the founder, president, board member and, with his family, the largest shareholder of Medallion Financial Corp., an investment company publicly traded on the Nasdaq stock exchange under the symbol MFIN. MFIN and its predecessor companies have invested over $10 billion in various companies throughout the U.S.
Cvent Holding Corp. is a Tysons Corner, Virginia-based company that provides software-as-a-service (SaaS) solutions for meetings, events, and hospitality management. Their web-based platform caters to in-person, virtual, and hybrid events, offering functionalities like online registration, venue selection, event management tools, and attendee engagement features. Cvent also provides software for hotels and venues to manage group bookings, including corporate travel, and source new group business. Previously a public company, Cvent was acquired by investment firm Blackstone Inc. for $4.6 billion in June 2023.
Fifth Street Asset Management Inc. was an SEC-registered American credit-focused asset manager. The firm lent to small and medium-sized businesses. Revenues of these businesses is generally between $25 million and $500 million.
Sapphire Ventures is a venture capital firm with offices in Menlo Park, San Francisco, Austin, and London. The firm is considered one of the world's premier venture capital firms.
Golub Capital is a credit asset manager based in the United States with over $60 billion of capital under management. The firm has primary business lines in middle market lending, late stage lending, and broadly syndicated loans. The firm is also affiliated with Golub Capital BDC, Inc., a business development company that trades on the NASDAQ under the stock ticker symbol, GBDC. Golub Capital is one of the largest non-bank middle market lenders and providers of senior debt.
Vertex Venture Holdings, also known as Vertex Holdings, is an investment holding company with a group of venture capital funds worldwide. A subsidiary of Temasek Holdings, the company focuses on venture capital investment opportunities in the information technology and healthcare markets through its global family of six direct investment venture funds. Vertex provides anchor funding and operational support to these funds. Each fund has its own General Partners and investment teams, focusing on different regional markets. Its six funds are based across Southeast Asia and India, United States of America, China and Israel.
Betsy Z. Cohen is the Co-Founder and Chairman of Cohen Circle, a multi-stage investment firm that she started with her son, Daniel Cohen. Since 2015, the firm has provided transformative capital to late stage fintech growth companies and makes investments across the capital structure in the fintech, technology, and impact spaces, with $5bn+ in capital raised.
Swvl Holdings Corp. is an Dubai-based provider of tech-enabled mass transit solutions, offering intercity, intracity, B2B and B2G transportation products and services. Swvl operates in 135 cities in 20 countries across Latin America, Europe, Africa and Asia. The company went public in March 2022 and is traded on the Nasdaq stock exchange under the ticker SWVL.
TCMI, Inc. better known by the name TCV is an American investment firm based in Menlo Park, California. The firm mainly invests in public and private growth-stage companies in the technology industry.
Altimeter Capital is an American investment firm based in Boston, Massachusetts and Menlo Park, California. The firm focuses on technology investments in both public and private markets globally.
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