Apax Partners MidMarket raises €1bn

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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.