Private Equity Deals in Review: AltAssets Private Equity Roundup for October 31, 2023

Private Equity Deals in Review: AltAssets Private Equity Roundup for October 31, 2023 As we bid farewell to October 2023,...

Private Equity Deals in Review: AltAssets Private Equity Deal Roundup for October 31, 2023 As we bid farewell to October,...

The Journey of Funds: From the Barrel to the Bank – Insights from PE Hub Private equity (PE) has become...

Madison Industries, a leading global industrial conglomerate, has recently announced its plans to acquire CAE’s healthcare business for a staggering...

Seed rounds are a crucial stage in the life cycle of a startup, providing the necessary capital to turn an...

Ziva Health Introduces Breathwork to Improve Mental Well-being In today’s fast-paced and stressful world, taking care of our mental well-being...

Introducing Ziva Health: Elevating Mental Well-being with Breathwork In today’s fast-paced and stressful world, taking care of our mental well-being...

Ziva Health, a leading wellness center, has recently introduced breathwork as a powerful tool for improving mental well-being. With the...

In a recent acquisition deal, MPE, a leading distributor of industrial fasteners and components, has announced its acquisition of Mid-States...

Align, a leading provider of technology infrastructure solutions, has recently announced its expansion into the legal services sector through the...

Flatiron Health and Penn Medicine Announce New Partnership Flatiron Health, a leading healthcare technology company, and Penn Medicine, one of...

Flatiron Health and Penn Medicine have recently announced a groundbreaking partnership aimed at advancing cancer research and improving patient care....

Unveiling Poland Spring’s Covert Opposition to Disfavored Water Regulations Water is a vital resource that sustains life on our planet....

Unveiling Poland Spring’s Covert Opposition to Water RegulationsWater is a precious resource that sustains life on our planet. With increasing...

Starting a new business can be an exciting and challenging endeavor. As a startup founder, you may have a brilliant...

Starting a new business can be an exciting and challenging endeavor. As a startup founder, you may have a brilliant...

Addressing the Gender Bias in Fundraising for Female Entrepreneurs in Europe In recent years, there has been a growing recognition...

In today’s digital age, connectivity has become an essential part of our daily lives. From smartphones to smart homes, we...

In today’s digital age, connectivity has become an essential part of our daily lives. From smartphones to smart homes, we...

Partnership between New District and Temple University Hospital offers healthcare job opportunities for students In an effort to bridge the...

The American Investment Council (AIC) recently released a statement asserting that private fund investors can thrive without the assistance of...

The Bloomberg Editorial Board recently published an article titled “Private Fund Investors Can Thrive Without SEC Assistance,” which provides insights...

The Department of Justice (DOJ) recently announced the resolution of a case involving referral incentives reported by a dermatology practice...

Venture capital has long been considered the lifeblood of the startup ecosystem, providing crucial funding and support to early-stage companies...

Private capital markets refer to the financial markets where investments are made in privately-held companies that are not publicly traded....

Wavecrest Growth Partners, a leading growth equity firm, has recently taken the lead in securing C$100 million in financing for...

In today’s fast-paced and ever-evolving business landscape, product management has become a crucial role for companies looking to stay competitive....

Using Data: Investment Banking Placement at The Hong Kong University of Science and Technology The field of investment banking is...

Audax Private Equity Successfully Raises $7.8 Billion for Flagship Fund and Origins Fund I

Audax Private Equity, a leading middle-market private equity firm, has recently announced the successful closing of its flagship fund, Audax Private Equity Fund V, at $7.8 billion. In addition to this achievement, the firm also raised $1.5 billion for its inaugural Origins Fund I. These significant capital raises demonstrate the strong investor confidence in Audax’s investment strategy and track record.

Audax Private Equity focuses on investing in middle-market companies across a wide range of industries, including business services, healthcare, consumer products, and industrial sectors. The firm primarily targets companies with strong market positions, proven management teams, and potential for growth and operational improvement.

The successful closing of Audax Private Equity Fund V marks a significant milestone for the firm. With this new fund, Audax will have approximately $26 billion in assets under management, further solidifying its position as one of the largest middle-market private equity firms globally. The fund received strong support from both existing and new investors, including public and corporate pension funds, sovereign wealth funds, endowments, foundations, and family offices.

The Origins Fund I, Audax’s first-ever impact investing fund, aims to generate attractive financial returns while also making a positive social and environmental impact. This fund will focus on investing in companies that promote sustainability, diversity and inclusion, and social responsibility. The successful raise of $1.5 billion for Origins Fund I reflects the growing interest among investors to align their investment strategies with their values.

Audax Private Equity has a proven track record of delivering strong returns for its investors. Over the past two decades, the firm has completed over 250 platform investments and more than 1,000 add-on acquisitions. Their investment approach emphasizes operational improvement and growth initiatives to drive value creation in their portfolio companies.

The firm’s success can be attributed to its experienced team of investment professionals who possess deep industry knowledge and expertise. Audax’s investment professionals work closely with management teams to identify and execute value creation strategies, including operational improvements, organic growth initiatives, and strategic acquisitions.

Audax Private Equity’s ability to raise significant capital for its flagship fund and launch a successful impact investing fund highlights the firm’s strong reputation and investor confidence. The funds raised will provide Audax with the necessary capital to continue investing in middle-market companies and supporting their growth and success.

In conclusion, Audax Private Equity’s recent achievements in raising $7.8 billion for its flagship fund and $1.5 billion for Origins Fund I demonstrate the firm’s strong position in the private equity market. With a focus on middle-market companies and a proven track record of delivering value, Audax is well-positioned to continue generating attractive returns for its investors while making a positive impact on society and the environment through its impact investing initiatives.

Ai Powered Web3 Intelligence Across 32 Languages.