Apax Partners MidMarket has raised €1 billion for its Apax France IX. The Paris-headquartered firm began fundraising in 2015 with a €750 million target.
Its previous fund raised €704 million in 2011.
Investors that committed to Apax France IX include the Altamir and Rede Partners.
The fund will target buyout opportunities in a diverse number of sectors in Europe.