Vista Equity Partners has appointed Dan Parant as managing director and global head of private wealth solutions.
Parant joins Vista from KKR, where as co-head of Americas private wealth, he established the firm’s private wealth business over the last 12 years.
Software is projected to grow at a nearly 17 percent annual rate and reach a market cap of $25 trillion by 2027, said the firm in the release. Additionally, it’s estimated that about 96 percent of all software and technology companies remain in the private markets. Parant will leverage nearly 20 years of alternative investment distribution experience in the private wealth channel to deliver private market technology solutions tailored to the needs of individual investors across Vista’s equity and credit investment strategies.
