Carrick Capital Partners commits $255 million to Saviynt alongside $600 million continuation vehicle
On August 31, 2026, Carrick Capital Partners announced the close of a single-asset continuation vehicle for Saviynt with about $600 million of commitments, led by Coller Capital with HSBC Asset Management as co-lead. The transaction includes a new $255 million investment in Saviynt, the largest in Carrick's history, made as part of the final close of Saviynt's Series B and helping fund a tender offer for employees. Carrick's existing limited partners could roll their equity into the vehicle or take liquidity.
On December 9, 2025, Saviynt announced a $700 million Series B growth equity financing at a valuation of approximately $3 billion, led by funds managed by KKR with participation from Sixth Street Growth, TenEleven and existing Series A investor Carrick. Carrick said it was Saviynt's only institutional investor until the Series B, and that Saviynt has passed $300 million in annual recurring revenue, up from about $10 million when Carrick first invested. Saviynt's platform manages and governs access for human, non-human and AI agent identities.
Carrick Capital Partners, Aug 31, 2026; Saviynt, Dec 9, 2025.