VistaOne provides access to Vista’s private equity platform in a single, scaled solution

Robert F. Smith, the Founder, Chairman and CEO of Vista, is the Chairman of VistaOne and a member of the VistaOne Investment Committee. 

Mr. Smith serves on the Board of Overseers of Columbia Business School and the Cornell Engineering College Council. He is Chairman of Carnegie Hall, a Founding Member of the World Economic Forum EDISON Alliance, a Founding Partner of the REFORM Alliance, and serves on the Board of Directors of Robert F. Kennedy Human Rights.  

Mr. Smith is the Founding Director and President of the Fund II Foundation, which is dedicated to preserving the African American experience, human rights, environmental conservation, and a broad range of initiatives. He also founded the Student Freedom Initiative to help relieve student debt at HBCUs and MSIs, and leads the Southern Communities Initiative to advance economic inclusion. 

Mr. Smith has been awarded the Carnegie Medal of Philanthropy and recognized as one of TIME’s 100 Most Influential People in the World. He was also named one of Forbes’ 100 Greatest Living Business Minds in 2017, highlighting his leadership in private equity and his innovative approach to investing in enterprise software.   

Mr. Smith earned a B.S. in Chemical Engineering from Cornell University and an MBA from Columbia Business School. 

David A. Breach, the President and Chief Operating Officer of Vista, is Co-Chief Executive Officer of VistaOne and a member of the VistaOne Board of Directors and the VistaOne Investment Committee.

He currently sits on Vista’s Executive Committee, the firm’s governing and decision-making body for matters affecting its overall management and strategic direction, as well as the firm’s Private Equity Management Committee, Vista’s decision-making body for matters affecting the overall private equity platform, and Vista’s Private Equity Funds’ Investment Committee. Mr. Breach also sits on the boards of Vista portfolio companies EagleView, Jamf (NASDAQ: JAMF), Solera and Stats Perform.

Mr. Breach is also a member of the San Francisco Advisory Board for Sponsors for Educational Opportunity and the American Investment Council. Earlier in his career, Mr. Breach was a Senior Partner at Kirkland & Ellis, where his practice focused on the representation of private equity funds in all aspects of their business. While at Kirkland & Ellis, Mr. Breach was a member of its 15-person global executive management committee and was a founding partner of its San Francisco office.

Mr. Breach holds a J.D. from the University of Michigan.

Michael Fosnaugh is Co-Head of the Flagship Fund at Vista and a member of the VistaOne Investment Committee.

He joined Vista in 2005 and is also Co-Head of the Flagship Fund and sits on its Investment Committee. Additionally, Mr. Fosnaugh serves as a member of Vista’s Executive Committee and Private Equity Management Committee. Mr. Fosnaugh currently sits on the boards of Acquia, Alegeus, Applause, CentralSquare, EAB, Greenway Health, Integral Ad Science (NASDAQ: IAS), InvoiceCloud, Jamf (NASDAQ: JAMF), KnowBe4 (formerly NASDAQ: KNBE), PlanSource, Securonix, SimplePractice, SmartBear, Stats Perform and TripleLift. He was also actively involved with Vista’s investments in Advicent, Forcepoint, Mediaocean, MRI Software, Numerator, Ping Identity (formerly NYSE: PING), SirsiDynix, Sunquest Information Systems, Vertafore, Websense and Zywave.

Mr. Fosnaugh is the Co-Head of the Chicago office. Mr. Fosnaugh is recognized as a thought leader in investing and enterprise software, featured in PEI’s Investing in Technology report.

Before Vista, he worked at SG Cowen & Co. in the Technology, Media, and Telecommunications Group, advising on transactions and financings.

Mr. Fosnaugh holds an A.B. in Economics from Harvard College, cum laude.

Monti Saroya is Co-Head of the Flagship Fund at Vista and the Co-Chief Executive Officer of VistaOne and a member of the VistaOne Investment Committee.

Mr. Saroya joined Vista in 2008 and is Co-Head of the Vista Flagship Fund and also sits on its Investment Committee. Additionally, Mr. Saroya serves as a member of Vista’s Executive Committee and Private Equity Management Committee. He currently sits on the boards of Advanced, Allvue Systems, Avalara, Cloud Software Group, Duck Creek, Finastra, Gainsight, iCIMS, Infoblox, Mindbody, Pipedrive, Salesloft, Solera and Xactly. Mr. Saroya previously sat on the boards of Apptio, Aspira, Cvent (NASDAQ: CVT), Drift, Pluralsight, PowerSchool (formerly NYSE: PWSC), Omnitracs and is also actively involved in Vista’s investments in Jio and Vivid Seats (NASDAQ: SEAT), Datto (formerly NYSE: MSP), Marketo, SumTotal, The ACTIVE Network, Transfirst, Turaz and Zywave.

Mr. Saroya is recognized as a thought leader in investing and enterprise software, featured in PEI’s Investing in Technology report.

Before Vista, he was a senior research analyst at JMP Securities, an associate for enterprise software/applications, and worked in sales at Siebel Systems and operations at Cisco Systems.

Mr. Saroya holds a B.S. in Computer Engineering from California Polytechnic State University, magna cum laude.

Patrick Severson is Co-Head of the Foundation Fund at Vista and a member of the VistaOne Investment Committee.

He joined Vista in 2013 and is Co-Head of the Vista Foundation Funds and sits on its Investment Committee. Additionally, he serves as a member of Vista’s Executive Committee and Private Equity Management Committee. Mr. Severson currently sits on the boards of Assent Compliance, BetterCloud, Energy Exemplar, ESO, Granicus, Khoros, Kibo, LogicMonitor, Monetate, Naviga, Poppulo, Power Factors, Sonatype and Trintech. He was also actively involved with Vista’s investments in AGDATA, AlertMedia, ARCOS, Autotask, Bonterra, PeopleAdmin, Regulatory DataCorp (RDC), Return Path, StarRez, TigerConnect and Wrike.

Before Vista, Mr. Severson was a Partner at Warburg Pincus, investing in software companies for 12 years. He also worked as a Consultant at Booz-Allen & Hamilton and at Price Waterhouse, focusing on media and technology.

Mr. Severson holds a B.S. in Computer Science from Stanford University and an M.B.A. from Columbia University.

Martin Taylor is Co-Head of the Foundation Fund at Vista and a member of the VistaOne Investment Committee.

He joined Vista in 2006 and is Co-Head of the Foundation Funds and sits on its Investment Committee. Additionally, Mr. Taylor serves as a member of Vista’s Executive Committee and Private Equity Management Committee. Mr. Taylor currently sits on the boards of AlertMedia, ARCOS, Bonterra, Critical Start, Integral Ad Science (NASDAQ: IAS), Jamf (NASDAQ: JAMF), NAVEX, StarRez, TigerConnect, TRG Screen and Vivid Seats (NASDAQ: SEAT) and has served on numerous other boards during his tenure. Previously at Vista, Mr. Taylor was a Managing Director and drove a variety of cross-fund and cross-portfolio initiatives. He was the initial President of Vista Consulting Group, where he was instrumental in building and scaling Vista’s value creation infrastructure, formalizing Vista’s portfolio engagement model and developing many of Vista’s best practices.

Before Vista, he spent over 13 years at Microsoft as a Corporate Vice President, managing corporate strategy, sales, and product marketing, and served as Chief of Staff to CEO Steve Ballmer.

Rachel Arnold is Co-Head of the Endeavor Fund at Vista and a member of the VistaOne Board of Directors and the VistaOne Investment Committee.

She is also Co-Head of the Vista Endeavor Funds and serves as a member of Vista’s Executive Committee and Private Equity Management Committee. Ms. Arnold has over two decades of experience investing in and scaling growth at market-leading software companies. She currently sits on the boards of BigTime, BlueConic, Gnosis, RadarFirst, Resilinc, and Tripleseat, and is involved with Vista’s investments in COMPLY, Innovapptive and mabl. She was actively involved with Vista’s investments in AGDATA, Autotask, Benchmark Gensuite, BigMachines, Bonterra, Bullhorn, Dispatch, Jebbit, Kibo, Lanyon, Lone Wolf, Naviga, PeopleAdmin, Relias Learning, SecureLink, WorkTango and Zapproved.

Ms. Arnold was named one of GrowthCap’s Top Women Leaders in Growth Investing in 2022 and 2023, and to Buyouts’ Women in Private Equity Class of 2022. Before joining Vista in 2012, Ms. Arnold held executive roles at four Vista companies, including interim CEO at Bonterra and senior positions at Mitratech, MicroEdge, and SRC Software. She also worked as Strategy Director at Interbrand and as an Equity Research Associate at Pacific Crest.

Ms. Arnold holds a B.A. in International Business from Linfield College.

René Stewart is Co-Head of the Endeavor Fund and a member of the VistaOne Investment Committee.

She joined Vista in 2007 and is Co-Head of the Vista Endeavor Funds and sits on its Investment Committee. Additionally, Ms. Stewart serves as a member of Vista’s Private Equity Management Committee. She currently sits on the boards of Dispatch, Gatekeeper, Lifeloop, OfficeSpace and WorkTango. Ms. Stewart was also actively involved with Vista’s investments in Accruent, AGDATA, Bullhorn, Lone Wolf, Mitratech, SecureLink and Zapproved. Ms. Stewart was named one of GrowthCap’s Top Women Leaders in Growth Investing in 2022 and 2023, GrowthCap’s Leaders of Growth Investing in 2022 and GrowthCap’s Top 25 Software Investors in 2021, 2023, and 2024.

Prior to joining Vista, Ms. Stewart worked at Yahoo! in the Corporate Finance group, focusing on mergers and acquisitions and business development opportunities for the company. Before her time at Yahoo!, Ms. Stewart worked at Lehman Brothers in the Global Technology group.

Ms. Stewart holds a B.A. in Economics from Columbia University.

Nadeem Syed Head of Value Creation at Vista and a member of the VistaOne Investment Committee.

He joined Vista in 2018 and is currently Head of Value Creation and a member of the private equity Flagship team. Mr. Syed serves as a member of Vista’s Executive Committee and Private Equity Management Committee. Mr. Syed currently sits on the boards of Alegeus, Allvue Systems, KnowBe4 (formerly NASDAQ: KNBE) and Securonix.

Prior to joining Vista, Mr. Syed was CEO of Finastra (formerly Misys), a Vista company and the third-largest financial services software company in the world. Before Finastra, Mr. Syed was COO of SumTotal Systems, a former Vista company, where he led the company’s strategic initiatives, overseeing services, support, engineering, product management and cloud operations. Prior to SumTotal Systems, Mr. Syed spent 19 years in multiple senior leadership roles at Oracle.

Mr. Syed holds a B.S. in Production Engineering from the University of Mumbai (formerly University of Bombay) and an M.S. in Industrial Engineering from Louisiana State University.

Justin Hirsch is Head of Strategy of Vista and the Chief Investment Officer of VistaOne and is a member of the VistaOne Board of Directors and the VistaOne Investment Committee.

He joined Vista in 2016 and oversees Vista’s strategic priorities, balance sheet and principal investments, and manages Vista’s capital structure, risk levels and growth initiatives. He is also involved with investment structuring and serves as a member of Vista’s Executive Committee.

Prior to Vista, Mr. Hirsch worked at Evercore, where he advised alternative asset managers on minority investments and other strategies to meet growth objectives. He was also a member of the financial sponsors group that focused coverage on technology assets. Mr. Hirsch began his career in the principal transactions group at Macquarie Capital.

Mr. Hirsch holds a B.A. in Human Biology from Stanford University.

Robert F. Smith, the Founder, Chairman and CEO of Vista, is the Chairman of VistaOne and a member of the VistaOne Investment Committee. 

Mr. Smith serves on the Board of Overseers of Columbia Business School and the Cornell Engineering College Council. He is Chairman of Carnegie Hall, a Founding Member of the World Economic Forum EDISON Alliance, a Founding Partner of the REFORM Alliance, and serves on the Board of Directors of Robert F. Kennedy Human Rights.  

Mr. Smith is the Founding Director and President of the Fund II Foundation, which is dedicated to preserving the African American experience, human rights, environmental conservation, and a broad range of initiatives. He also founded the Student Freedom Initiative to help relieve student debt at HBCUs and MSIs, and leads the Southern Communities Initiative to advance economic inclusion. 

Mr. Smith has been awarded the Carnegie Medal of Philanthropy and recognized as one of TIME’s 100 Most Influential People in the World. He was also named one of Forbes’ 100 Greatest Living Business Minds in 2017, highlighting his leadership in private equity and his innovative approach to investing in enterprise software.   

Mr. Smith earned a B.S. in Chemical Engineering from Cornell University and an MBA from Columbia Business School. 

David A. Breach, the President and Chief Operating Officer of Vista, is Co-Chief Executive Officer of VistaOne and a member of the VistaOne Board of Directors and the VistaOne Investment Committee.

He currently sits on Vista’s Executive Committee, the firm’s governing and decision-making body for matters affecting its overall management and strategic direction, as well as the firm’s Private Equity Management Committee, Vista’s decision-making body for matters affecting the overall private equity platform, and Vista’s Private Equity Funds’ Investment Committee. Mr. Breach also sits on the boards of Vista portfolio companies EagleView, Jamf (NASDAQ: JAMF), Solera and Stats Perform.

Mr. Breach is also a member of the San Francisco Advisory Board for Sponsors for Educational Opportunity and the American Investment Council. Earlier in his career, Mr. Breach was a Senior Partner at Kirkland & Ellis, where his practice focused on the representation of private equity funds in all aspects of their business. While at Kirkland & Ellis, Mr. Breach was a member of its 15-person global executive management committee and was a founding partner of its San Francisco office.

Mr. Breach holds a J.D. from the University of Michigan.

Monti Saroya is Co-Chief Executive Officer of VistaOne and a member of the VistaOne Investment Committee.

Mr. Saroya joined Vista in 2008 and is Co-Head of the Vista Flagship Fund and also sits on its Investment Committee. Additionally, Mr. Saroya serves as a member of Vista’s Executive Committee and Private Equity Management Committee. He currently sits on the boards of Advanced, Allvue Systems, Avalara, Cloud Software Group, Duck Creek, Finastra, Gainsight, iCIMS, Infoblox, Mindbody, Pipedrive, Salesloft, Solera and Xactly. Mr. Saroya previously sat on the boards of Apptio, Aspira, Cvent (NASDAQ: CVT), Drift, Pluralsight, PowerSchool (formerly NYSE: PWSC), Omnitracs and is also actively involved in Vista’s investments in Jio and Vivid Seats (NASDAQ: SEAT), Datto (formerly NYSE: MSP), Marketo, SumTotal, The ACTIVE Network, Transfirst, Turaz and Zywave.

Mr. Saroya is recognized as a thought leader in investing and enterprise software, featured in PEI’s Investing in Technology report.

Before Vista, he was a senior research analyst at JMP Securities, an associate for enterprise software/applications, and worked in sales at Siebel Systems and operations at Cisco Systems.

Mr. Saroya holds a B.S. in Computer Engineering from California Polytechnic State University, magna cum laude.

Ashley MacNeill is Co-President of VistaOne.

She joined Vista in 2022 and works across the organization to run Vista’s Equity Capital Markets strategy, including managing all portfolio company equity financing activities and serving as a member of Vista’s Private Equity Management Committee.

Prior to joining Vista, Ms. MacNeill spent 12 years at Morgan Stanley, where she most recently served as Co-Head of Technology Equity Capital Markets for the Americas and Managing Director. Before Morgan Stanley, she was an Associate Director at UBS Investment Bank in Canada. During her almost 20 years in capital markets and investment banking, Ms. MacNeill has led various teams and IPOs for some of the largest public technology companies, including Uber, Snapchat, Shopify, Warner Music and Datadog. She also worked on Vista IPOs for Datto (formerly NYSE:MSP) and IAS (NASDAQ: IAS), as well as the original IPOs for Vista companies Mindbody and KnowBe4.

Ms. MacNeill holds an HBA and a BSEng in Mechanical Engineering and Business from Western University.

Dan Parant is Co-President of VistaOne and a member of the VistaOne Board of Directors.

He joined Vista in 2024 and is the Global Head of Private Wealth Solutions at Vista.

Prior to joining Vista, Mr. Parant was a Managing Director and Co-Head of Americas Private Wealth at KKR, where he started KKR’s private wealth business in 2012 and led a team of over 50 executives focused on delivering private market solutions to financial advisors across wirehouses, private banks, RIAs and independent broker dealers in the U.S., Canada and Latin America. Before KKR, he was a Vice President and Head of Alternatives Business Development for Intermediary Distribution at Neuberger Berman and previously was a member of the Absolute Return Strategies business at Lehman Brothers. Prior to joining Lehman Brothers, Mr. Parant was an Associate in the Capital Markets Consulting group at Thomson Financial. Mr. Parant started his career working in Major League Baseball for the Tampa Bay Rays.

Outside of Vista, Mr. Parant currently sits on the Advisory Board of the University of Texas at Austin McCombs School of Business Langston Wealth Management Center.

Mr. Parant holds a B.S. in Applied Economics and Management from Cornell University.

Justin Hirsch is a member of the VistaOne Board of Directors.

He joined Vista in 2016 and oversees Vista’s strategic priorities, balance sheet and principal investments, and manages Vista’s capital structure, risk levels and growth initiatives. He is also involved with investment structuring and serves as a member of Vista’s Executive Committee.

Prior to Vista, Mr. Hirsch worked at Evercore, where he advised alternative asset managers on minority investments and other strategies to meet growth objectives. He was also a member of the financial sponsors group that focused coverage on technology assets. Mr. Hirsch began his career in the principal transactions group at Macquarie Capital.

Mr. Hirsch holds a B.A. in Human Biology from Stanford University.

Andy Ugarte is the Chief Operating Officer of VistaOne.

He joined Vista in 2022 and is responsible for driving product development and strategy initiatives for the Capital & Partner Solutions team.

Prior to joining Vista, Mr. Ugarte spent over 10 years at Evercore, most recently as Managing Director and Co-Head of the Hong Kong generalist M&A Advisory group. While at Evercore, Mr. Ugarte provided advice to sponsor and corporate clients on complex cross-border M&A transactions, domestic M&A transactions across Southeast Asia and the United States, and GP minority stake sales. Before Evercore, Mr. Ugarte worked at Macquarie Capital, where he served as an Investment and Advisory Professional in the Principal Transactions group in the United States and the Infrastructure Advisory group in Canada.

Mr. Ugarte holds a BCom in Finance from the University of British Columbia and an M.B.A. in Finance and Entrepreneurial Management from The Wharton School, University of Pennsylvania.

Rohan Ranadive is the Chief Financial Officer of VistaOne.

He joined Vista in 2022 and is responsible for driving various initiatives across the Finance organization.

Prior to joining Vista, Mr. Ranadive was Chief Financial Officer at Aviditi Advisors, where he managed the company’s Finance and Operations teams. Before Aviditi, he was a Managing Director at TPG, where he spent over a decade leading many of TPG’s strategic initiatives and had oversight of different departments across Finance and the broader Operations organization. Prior to TPG, Mr. Ranadive worked in the advisory practice at Ernst and Young.

Mr. Ranadive holds a B.B.A. in Finance and an MBA from The University of Texas.

Luis Berruga is a member of the VistaOne Board of Directors where he serves as an Independent Director.

Mr. Berruga is a seasoned wealth and asset management executive, having served in executive roles for ten years.  He was most recently the CEO of Global X ETFs, a leading global management firm offering a wide selection of exchange-traded funds, and served on the boards of its various affiliated entities. Mr. Berruga is a qualified financial expert under Regulation S-K and is well-versed in 1940 Act corporate governance, global fund distribution, mergers and acquisition and strategic partnership.

He holds a B.S. in Telecommunications Engineering from the Universidad Politécnica de Madrid and an MBA from the Kellogg School of Management at Northwestern University. He also holds NACD Directorship and NACD Cybersecurity Oversight Certifications and a Certification in Corporate Governance from the Wharton School at University of Pennsylvania.

José Claxton is a member of the VistaOne Board of Directors where he serves as an Independent Director.

Mr. Claxton is a seasoned financial services executive with over 30 years of cross-functional experience in traditional and alternative investments. Mr. Claxton served as the Charles Hayden Foundation’s interim President and CEO until February 2024. Before this role, Mr. Claxton served as Head of Business Development and Investor Relations at Engine No.1, a sustainability-focused alternative investment firm. He previously spent 10 years as a partner at the Blue Harbour Group, a shareholder engagement investment fund, and served on the firm’s investment committees. Mr. Claxton began his career at JP Morgan Investment Management where he spent close to a decade working in equity research, portfolio management and as a hedge fund specialist.

Mr. Claxton holds a B.S. in Manufacturing Engineering from Boston University and an MBA in Finance and Organizational Management from Columbia University.

Ruth S. Goodstein is a member of the VistaOne Board of Directors where she serves as an Independent Director.

Ms. Goodstein is a seasoned executive with more than 25 years of experience in alternative investments. Ms. Goodstein is the Chief Operating Officer of Macquarie Wealth Solutions and a member of Macquarie Asset Management’s Alternative Wealth Product team. Ms. Goodstein was a founding partner and Chief Operating Officer of Central Park Group, LLC which was acquired by Macquarie in 2022. Ms. Goodstein is also an independent director of HarbourVest Private Investments Fund. Prior to this role, Ms. Goodstein was the Chief Operating Officer at Robeco-Sage Capital, LLC where she led product development, operations and marketing. Prior to her time at Robeco-Sage Capital, LLC, she worked at UBS in their alternative investments group developing innovative products for high net worth investors.

Prior to her investment career she was an Associate General Counsel and Vice President at JP Morgan Investment Management, Deputy Chief Compliance Officer at Bankers Trust and Counsel to Oppenheimer & Co. Inc. Ms. Goodstein began her career at Goodkind Wechsler Labaton & Rudoff as an Associate Attorney.

Ms. Goodstein holds an A.B. from Cornell University and a J.D. from Brooklyn Law School.