Prytaneum Partners is an operator-led private equity firm focused on established software businesses where value exists, but operating performance has not fully realized it. The firm is currently raising a $200 million institutional fund around a conviction increasingly relevant to LPs: when exits slow and ownership periods extend, returns depend less on waiting for the market and more on what happens inside the business while you own it. Prytaneum is a spin-out team whose senior members have worked together for many years acquiring, operating and transforming software companies, with operating judgment embedded directly into diligence, underwriting and portfolio execution — an approach the firm describes as “Operators Leading Capital.” The strategy targets 100% ownership, 50% net margins and no leverage, with an emphasis on disciplined execution, durable cash generation and long-term LP alignment. Visit www.prytaneumpartners.com