Silver Lake Partners was founded to invest in existing technology companies through private equity. Jim Davidson, Roux, McNamee, Hutchins, and Hutchins, who worked for Thomas H. Lee Partners and the Clinton Administration during the 1990s tech boom, were among the hedge fund pioneers. In the fourth quarter of 2021, Silver Lake Partners’ 13F public stock portfolio was valued at $21.23 billion. The hedge fund invested heavily in the fields of information technology, banking, communications, and consumer discretionary. For more than 30 years, Davidson has worked in the technology industry.
Insider Monkey focused on 10 software stocks to buy now according to Jim Davidson’s Silver Lake Partners. On March 31, SMBC Nikko commenced coverage of Snowflake Inc., rating the stock as Neutral with a $253 price target. DiDi Global Inc. is a Chinese technology company that offers a mobility platform. On February 14, Cherry Leung of Bernstein commenced coverage of DiDi Global, giving it an Outperform rating and a $6.20 price target. RBC Capital analyst Matthew Hedberg lowered his price target on UiPath Inc. after the company’s Q4 earnings and below-consensus forecast. At the end of the fourth quarter of 2021, 28 hedge funds in Insider Monkey’s database had positions totaling $2.53 billion. On February 16, JPMorgan analyst Doug Anmuth began coverage of Vacasa, Inc., giving the stock an Overweight rating and a $10 price target. Vacasa is a vacation rental management platform with offices in the United States, Belize, and Costa Rica. N-able, Inc. is a cloud-based software firm that works with managed service providers (MSPs) in the UK, the US, and throughout the world. N-able reported fourth-quarter results that were $0.01 below expectation. For more details, click 10 Software Stocks To Buy Now According To Jim Davidson’s Silver Lake Partners.
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