Apax Partners related stories
All articles and analysis
Apollo hires NYSE Euronext exec as IR headGary Stein has moved over to the Leon Black-led alternative asset manager to enhance the firm’s visibility ahead of an expected $418m float on the NYSE.
- Blackstone opens in Beijing
The Blackstone Group has expanded its presence in Asia with the launch of an office in Beijing, its fourth in the region.
- Apax, Barclays sell Somerfield for £1.6bn
The UK's Somerfield supermarket chain, acquired for £1.8bn in 2005 by an Apax- and Barclays-led consortium, has been sold on a cash-free, debt-free basis. The sale reportedly resulted in a 2x exit for the syndicate.
- CVC opens office in Beijing
CVC Capital Partners has hired Zhu Wei from Goldman to head its new office as it joins a growing number of private equity firms venturing into China's capital.
- Advent Venture Partners changes guard
The UK venture firm’s latest hire of former Apax Partners digital media and software investor Mike Chalfen marks a transition for the technology team as two partners retire.
- Cohen backs hedge fund buyout
International Asset Management, one of the oldest fund of hedge funds, has regained its independence in a management-led buyout partly funded by private equity veteran Sir Ronald Cohen.
- Apax plans move into China
The global buyout firm is expanding its footprint to mainland China as talks with sovereign wealth funds progress in the background, according to chief executive Martin Halusa.
- Sir Ronald Cohen urges industry to use skills to reduce inequality
The chairman of socially-minded investment firm Bridges Ventures yesterday won PEI Media’s inaugural Private Equity Leader Award 2008 for his work building Apax Partners and leading the drive behind social entrepreneurship.
- Capricorn Venture Partners closes €100m clean tech fund
The European firm has raised its first early stage clean tech fund nearly two years since its first close. The firm quintupled the size of its last capital raising in 2001 in an effort to avoid dilution by larger investors in later funding rounds of successful companies.
- RBS shuts out buyout firms from £7bn insurance sale
The UK bank has ruled out financial sponsors as bid candidates for its sale of insurance assets such as Direct Line and Churchill. The bank is thought to be worried about buyout firms’ ability to finance such a bid.