Silver Lake
In short: Silver Lake is a privately held, technology-focused private equity firm founded in 1999 and based in Menlo Park, California. It matters to the dating industry as one of three managing investors, each with 15%, in TikTok USDS Joint Venture LLC, which runs TikTok in the United States, a key discovery and acquisition channel for dating apps.
Key facts
| Type | Private equity / investor |
|---|---|
| Headquarters | Menlo Park, United States |
| Founded | 1999 |
| Status | Active, privately held |
| Website | silverlake.com |
| Founded | 1999 [Silver Lake investment portfolio (PitchBook)] |
| Headquarters | Menlo Park, California, United States [Silver Lake investment portfolio (PitchBook)] |
| Legal entity | Silver Lake Technology Management, L.L.C. [Silver Lake (investment firm)] |
| Offices | New York, London, Hong Kong and Singapore (Luxembourg also listed by one source) [Silver Lake (investment firm)] |
| Co-CEOs | Egon Durban and Greg Mondre, co-CEOs and managing partners [What we know about who's buying TikTok's US business, January 2026] |
| Assets under management | About US$110 billion (Wikipedia figure for 2025; other sources give higher or lower figures) [Silver Lake (investment firm), 2025] |
| TikTok US stake | 15% of TikTok USDS Joint Venture LLC, as one of three managing investors with Oracle and MGX; ByteDance holds 19.9% [TikTok is now a joint-venture in the US, 23 January 2026] |
| TikTok USDS board | Egon Durban joins the joint venture's seven-person board of directors [What we know about who's buying TikTok's US business, January 2026] |
| Notable investments | Current investments include Klarna, Carta, Dell Technologies, Genies and Waymo; previous ones include Airbnb, Twitter and Tesla [What we know about who's buying TikTok's US business, January 2026] |
About Silver Lake
Silver Lake is an American private equity firm that focuses on technology and technology-enabled businesses. Its legal entity is Silver Lake Technology Management, L.L.C. The firm was founded in 1999 and is headquartered in Menlo Park, California, with offices in New York, London, Hong Kong and Singapore. Egon Durban and Greg Mondre are co-CEOs and managing partners. Reported assets under management vary by source, with one reference giving about US$110 billion for 2025. Its investments have included Klarna, Carta, Dell Technologies and Waymo, and earlier holdings such as Airbnb and Twitter.
Silver Lake has no publicly documented ownership of a dating app in the sources reviewed. Its relevance to the dating industry comes from TikTok. When TikTok USDS Joint Venture LLC was established in January 2026 to run TikTok's US business, Silver Lake, Oracle and the Abu Dhabi firm MGX were named as the three managing investors, each holding 15%. ByteDance kept 19.9%, and other investors hold the rest. Egon Durban sits on the venture's seven-member board.
Dating Industry Insights has named Silver Lake in coverage of TikTok's US transition, its algorithm retraining on US data, and the effect on dating brands that rely on TikTok for marketing and Gen Z acquisition. Some of that coverage describes Silver Lake in different ways, such as investor or joint venture partner. The published ownership figures show a 15% minority stake, not majority ownership.
Also mentioned in
- TikTok's Local Feed Is a Direct Threat to Dating Apps' Discovery Advantage
- UpScrolled Grew 16x. The Governance Model Is What Dating Apps Should Study.
- TikTok's US Transition Is Chaotic. Whether That Chaos Is Strategic Is a Different Question.
- UpScrolled's Rise Shows What Dating Apps Lose When Trust Becomes Their Differentiator
- TikTok's Algorithm Reset: Dating Brands' $14B Marketing Gamble
- TikTok's Uncertain Future Forces Dating Apps to Rebuild Their Acquisition Playbook
Questions about Silver Lake
What is Silver Lake?
A privately held, technology-focused private equity firm founded in 1999 and based in Menlo Park, California.
What is Silver Lake's link to TikTok?
It is one of three managing investors in TikTok USDS Joint Venture LLC, which runs TikTok in the US, with a 15% stake alongside Oracle and MGX. ByteDance holds 19.9%.
Is Silver Lake the majority owner of TikTok US?
No. Published figures show Silver Lake holds 15% of the joint venture.
Does Silver Lake own a dating app?
No dating app ownership was found in the sources reviewed. Its relevance to dating is through TikTok.
What does Silver Lake do?
Silver Lake is a privately held, technology-focused private equity firm founded in 1999 and based in Menlo Park, California.
Where is Silver Lake based?
Silver Lake is based in Menlo Park, United States.
When was Silver Lake founded?
Silver Lake was founded in 1999.
Also known as: Silver Lake Partners, Silver Lake Technology Management.