Reginal Thomas
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Silver Lake Management is Looking To Raise $1 Billion for a New Fund

Silver Lake Management LLC, is seeking to raise $1 billion for a fund focused on mid-sized companies. The new fund, will aim for a 2014 debut. Silver Lake's Silver Lake Sumeru, raised $1.1 billion in 2008 and was one of the initial backers for PrimeSense Ltd. the Israeli motion track chipmaker that was bought by Apple.