We invest only where our deep domain expertise and our Global Partner Network can deliver transformative advantages for successful entrepreneurs and their companies. This disciplined approach has enabled us to create more than $3.6 billion in total investment value and more than $2.3 billion in realized returns since raising our first fund in 1998.Focusing on enterprise technology & services, financial services, and payments & transaction processing, we pursue a theme-based strategy that identifies and capitalizes on emerging structural changes in markets, as opposed to short-term fads. This allows us to leverage the knowledge and networks built from our prior investments in each domain to help create breakout opportunities for emerging companies and accelerate rapid growth. In 2015, the portfolio companies in our recent funds averaged over 35% revenue growth.