Apax Partners

Muted appetites have led to steep discounts, leaving some listed private equity trusts vulnerable to shareholder activism and an incoming tide of potential competitors.

Apax's co-head says GPs' abilities to exit assets will be a key issue for the industry. Plus: Jefferies taps Moelis for its expanding secondaries team; and private markets fret over valuations. Here's today's brief, for our valued subscribers only.

Capital raised in Q1 2024 surpassed $176bn, a slight decrease on previous years, according to preliminary quarterly figures from PEI data.

Apax XI has closed just short of its $13 billion target. Plus: how KKR plans to reach $1 trillion of AUM; and Houlihan Lokey continues to expand its private markets roster. Here's today's brief, for our valued subscribers only.

TA Associates is putting a fundraise on hold to focus on its flagship. Plus: the French Apax has changed its name; and sovereign wealth fund KIC is heading to India. Here’s today's brief, for our valued subscribers only.

Details on who's leading the world's largest secondaries firm's European business. Plus: Blackstone is targeting wealthy Europeans with a new vehicle just as the tussle for talent heats up industry-wide; and France's Apax is plotting the launch of its next small-cap fund. Here's today's brief, for our valued subscribers only.

Monday is a public holiday in the US – Side Letter will return to your inbox on Tuesday. This morning's edition looks at how one of Europe's largest wealth managers is using tech to streamline PE processes for individual investors. Plus: The US regulator has turned its attention to the definition of accredited investors and France's Apax has named a new Italy head. Here's today's brief, for our valued subscribers only.

Welcome back! This morning, Private Equity International unveils its annual ranking of the industry's most influential rising stars. Plus: Carlyle and Ares share their respective experiences of this year's congested fundraising environment and Apax has joined the impact-linked carry club. Here's today's brief, for our valued subscribers only.

LPs are increasingly concerned about tail-end assets; Virginia's $134bn state pension system is worried about GP selection; Apax's new IR hire.

Mega-funds, market bifurcation and a resurgent investor base are reshaping the continent’s private equity landscape.

Meet the up-and-coming dealmakers featured in our Future 40 list for 2026.

As demand for distributions rises, PE managers may have to take a more pragmatic approach to pricing in the months ahead.

Clients need to have options and managers need to provide them with more opportunities for deployment, Thomas de Villeneuve, CEO of Seven2 – formerly Apax France – tells PEI.

In today's edition, A veteran of UK private capital markets says the rise of private credit could lead to GFC-like concerns; Fundraising round-ups across infra, VC, impact, private debt and secondaries; Evergreens' love affair with secondaries looks set to continue.

In today's edition, Two more LPs on opposite sides of the globe are considering the TPA, with implications for their private equity portfolios; An EMEA IR head departs; Another global firm eyes an Asia-Pacific office opening.

The London-headquartered firm held the final close on its sixth flagship fund on €4.5bn last year and has already deployed capital across four deals, partner Rebecca Gibson tells PEI.