Apax Partners
| Type | Private (LLP) |
|---|---|
| Key people | Andrew Sillitoe (co-CEO) Mitch Truwit (co-CEO) |
| Products | Investments Private equity funds Leveraged buyouts Growth capital |
| Total assets | $51 billion |
| Number of employees | 100+ |
In this way, what is Apax digital?
Apax Digital is a $1 billion fund raised in 2017 focused on minority and buyout investments in high-growth enterprise technology and internet companies globally.
Just so, what is a private equity firm do?
A private–equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leveraged buyout, venture capital, and growth capital.
Will Harman Apax Partners?
Will Harman is a Principal in the Operational Excellence team. He joined Apax Partners in 2014 and is currently based in London. … Will holds a Master’s degree by Research from Warwick Business School, an MA in International Relations from Bristol University, and a BSc in Economics and Politics from Bath University.
What does Apax stand for?
APAX Meaning
| 1 | Apax | Apax Partners and Xerium |
|---|---|---|
| 1 | APAX | Cimentos Apasco, SA de CV Organizations |
| 1 | APAX | West Penn Power Company Organizations |
What do you know about private equity?
Private equity is an alternative investment class and consists of capital that is not listed on a public exchange. Private equity is composed of funds and investors that directly invest in private companies, or that engage in buyouts of public companies, resulting in the delisting of public equity.
Why is private equity bad?
Private equity isn’t always bad, but when it fails, it often fails big. … Even an industry-friendly study out of the University of Chicago found that employment shrinks by 4.4 percent two years after companies are bought by private equity, and worker wages fall by 1.7 percent.
Who is the largest private equity firm?
The Blackstone Group
| Rank | Firm | Headquarters |
|---|---|---|
| 1 | The Blackstone Group | New York City |
| 2 | The Carlyle Group | Washington D.C. |
| 3 | Kohlberg Kravis Roberts & Co. | New York City |
| 4 | CVC Capital Partners | Luxembourg |
How does a private equity firm make money?
The purpose of a private equity firm is to manage a fund, from raising it to buy companies, to managing the companies through to selling them. For this they charge a small yearly management fee to the limited partners. … Rather, the bulk of their money will come from the time of a sale when the profits are realized.