Apax Partners Closes PE Fund at $7.5BN

Private equity firm Apax Partners closed its latest global fund at $7.5bn (approximately €5.8m)

Apax VIII has been backed by public and private pension funds, sovereign wealth funds, insurance companies and high net worth individuals with 43% coming from North America, 25% from Europe, and the remainder from Asia, the Middle East and Latin America.

The fund focuses on making long-term investment in growth companies, across global sectors of Tech & Telecom, Retail & Consumer, Media, Healthcare and Financial & Business Services.

Established in 1981, Apax is led by Martin Halusa, CEO.

FinSMEs

24/06/2013

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