Audax Private Equity Raises $7.8 Billion for 2 Funds
Audax Private Equity, a leading private equity firm, has raised $7.8 billion for two new funds. The firm’s flagship fund, Audax Private Equity Fund VII, raised $5.25 billion, while its debut lower middle-market buyout fund, Audax Private Equity Origins Fund, raised $2.55 billion.
Audax Private Equity Fund VII was oversubscribed, exceeding its target by $250 million. The fund will focus on investing in middle-market companies in the United States. Audax Private Equity Origins Fund was also oversubscribed, exceeding its target by $500 million. The fund will focus on investing in lower middle-market companies in the United States.
“We are pleased with the strong support for our two new funds,” said David Kaplan, CEO of Audax Private Equity. “The funds’ oversubscriptions reflect the continued demand for private equity investment in the middle and lower middle markets.”
Audax Private Equity has a long history of success in the private equity industry. The firm has raised over $16 billion in private equity funds and has completed over 100 investments. Audax Private Equity has a team of experienced investment professionals with a deep understanding of the middle and lower middle markets.
The closing of Audax Private Equity Fund VII and Audax Private Equity Origins Fund is a significant event for the private equity industry. The funds’ size and oversubscriptions demonstrate the continued demand for private equity investment in the middle and lower middle markets. Audax Private Equity’s track record of success and its experienced team make it a leading provider of private equity investment services.
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