{"id":2553276,"date":"2023-07-20T11:29:36","date_gmt":"2023-07-20T15:29:36","guid":{"rendered":"https:\/\/platoai.gbaglobal.org\/platowire\/audax-private-equity-successfully-raises-7-8-billion-for-flagship-fund-and-origins-fund-i\/"},"modified":"2023-07-20T11:29:36","modified_gmt":"2023-07-20T15:29:36","slug":"audax-private-equity-successfully-raises-7-8-billion-for-flagship-fund-and-origins-fund-i","status":"publish","type":"platowire","link":"https:\/\/platoai.gbaglobal.org\/platowire\/audax-private-equity-successfully-raises-7-8-billion-for-flagship-fund-and-origins-fund-i\/","title":{"rendered":"Audax Private Equity Successfully Raises $7.8 Billion for Flagship Fund and Origins Fund I"},"content":{"rendered":"

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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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n