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Adam Le & Toby Mitchenall

The European private equity stalwart's latest fund is the second-biggest capital raise this year.
Carried interest
Making LPAs more akin to contracts between fund managers and their portfolio company execs would lead to better GP-LP alignment.
The buyout firm is no longer proceeding with its proposal to move assets from Apax Europe VII into a continuation vehicle, sister title Secondaries Investor has learned.

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