Apax raises $1 bln for tech growth investments

Apax Partners, technology, private equity
Close-up of digital tablet with finance report. Blurred image of two business people sitting in sidewalk cafe. Over the shoulder. Photo courtesy of EmirMemedovski/E+/Getty Images
  • Apax hits $1 bln hard cap on tech fund
  • Launched earlier this year
  • Focus on minority, buyouts in software, internet, tech-enabled services
Apax Partners raised $1 billion for its debut tech fund, holding a first close on the fundraising, the firm told limited partners in a recent letter. The U.K.-based firm is one of several raising money to make growth investments in ...

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