Apax envy

15 July 2004 By Bill McIntosh

That will be an advantage if the supply of funds over the next 18 months swamps investor demand. The move to raise E4.5bn will put it ahead of rivals who are preparing their own fund raising drives.

This content is for Subscribers only

Context News

Apax Partners, the private equity group, is looking to raise up to 4.5bn euros for a new fund, Apax Europe VI.

The fund will be one of the largest ever raised in Europe. It is estimated that European private equity groups will be seeking to raise around 40bn euros from private investors over the next 12 18 months.

The renewed focus on fund raising by private equity groups saw over 12bn euros raised in the first half of 2004. That was almost double the amount raised in the same period a year earlier.

Email a friend

Please complete the form below.

Required fields *