Thoma Bravo

Thoma Bravo Fund XI

Thoma BravoVINTAGE 2014

NET IRR

26.0%

TVPI

DPI

COMMITMENT

$50M

LP SOURCES

40

VALUATION SPREAD3.07x – 3.61x TVPI across 2 sources

SEC REGISTRATION · FORM ADV SCHEDULE D

SEC IAPD ↗

GROSS ASSET VALUE

$2.8B

MIN INVESTMENT

$10.0M

INVESTORS

104

AUDITED

Yes

DOMICILE

Delaware, United States

+2 related SEC-registered vehicles

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
MainePERS2025-09-30$50M$81.7M26.0%SOURCE ↗
Florida SBA2025-06-30$100M$156.9M25.6%3.07x2.73xSOURCE ↗
CalSTRS2025-06-30$75M$79.1M26.1%3.61x3.11xSOURCE ↗
LACERS2025-06-30$15M$13.4M26.1%SOURCE ↗
Florida SBA2025-03-31$100M$156.9M25.6%3.05x2.50xSOURCE ↗
Florida SBA2024-12-31$100M$156.9M25.6%3.02x2.50xSOURCE ↗
Florida SBA2024-09-30$100M$156.9M25.7%3.03x2.50xSOURCE ↗
Florida SBA2024-06-30$100M$156.9M25.9%3.03x2.50xSOURCE ↗
Florida SBA2024-03-31$100M$156.9M25.9%3.01x2.46xSOURCE ↗
Florida SBA2023-12-31$100M$156.9M26.0%3.00x2.36xSOURCE ↗
Florida SBA2023-09-30$100M$156.9M25.9%2.94x2.22xSOURCE ↗
Florida SBA2022-09-30$100M$156.9M25.9%2.76x2.05xSOURCE ↗
Florida SBA2022-06-30$100M$156.9M26.5%2.83x1.95xSOURCE ↗
Florida SBA2022-03-31$100M$156.9M27.4%2.92x1.94xSOURCE ↗
Florida SBA2021-12-31$100M$156.9M28.6%3.05x1.94xSOURCE ↗
Florida SBA2021-09-30$100M$156.9M29.9%3.19x1.94xSOURCE ↗
Florida SBA2021-06-30$100M$156.9M29.8%3.10x1.94xSOURCE ↗
Florida SBA2021-03-31$100M$156.9M29.8%3.02x1.94xSOURCE ↗
Florida SBA2020-12-31$100M$156.9M29.4%2.91x1.85xSOURCE ↗
Florida SBA2020-09-30$100M$156.9M29.6%2.85x1.78xSOURCE ↗
Florida SBA2020-06-30$100M$156.9M29.9%2.81x1.67xSOURCE ↗
Florida SBA2020-03-31$100M$156.9M27.2%2.48x1.48xSOURCE ↗
Florida SBA2019-12-31$100M$156.9M28.5%2.52x1.40xSOURCE ↗
Florida SBA2019-09-30$100M$155.7M26.1%2.28x1.26xSOURCE ↗
Florida SBA2019-06-30$100M$155.7M24.9%2.14x1.10xSOURCE ↗
Florida SBA2019-03-31$100M$155.7M25.1%2.09x1.10xSOURCE ↗
Florida SBA2018-12-31$100M$155.7M23.9%1.97x1.10xSOURCE ↗
Florida SBA2018-09-30$150M$155.7M26.6%2.04x0.55xSOURCE ↗
Florida SBA2018-06-30$150M$155.7M25.6%1.90x0.44xSOURCE ↗
Florida SBA2018-03-31$150M$155.7M21.0%1.64x0.21xSOURCE ↗
Florida SBA2017-12-31$150M$155.7M21.2%1.58x0.21xSOURCE ↗
Florida SBA2017-09-30$150M$154.9M12.4%1.28x0.14xSOURCE ↗
Florida SBA2017-06-30$150M$150.1M14.0%1.29x0.01xSOURCE ↗
Florida SBA2017-03-31$150M$148M10.9%1.20x0.01xSOURCE ↗
Florida SBA2016-12-31$150M$148M12.8%1.20x0.01xSOURCE ↗
Florida SBA2016-09-30$150M$148M8.7%1.11x0.01xSOURCE ↗
Florida SBA2016-06-30$150M$132.6M10.8%1.12x0.00xSOURCE ↗
Florida SBA2016-03-31$150M$130.5M5.2%1.04x0.00xSOURCE ↗
Florida SBA2015-12-31$150M$109.5M7.5%1.06x0.00xSOURCE ↗
Florida SBA2015-09-30$150M$91.7M-1.0%0.99x0.00xSOURCE ↗