Apax reaches $7.5b final close on latest global fund
Apax Partners has reached a EUR5.8 billion ($7.5 billion) final close on its eighth global fund. The final close was reached within 15 months of the fund's launch, as planned, but still falls short of its initial target of EUR9 billion.
The fund is also smaller than its predecessor, which attracted commitments of EUR11.2 billion back in 2007 during the pre-global financial crisis boom. A significant portion of commitments came from...
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