Pursuits
Apax Said to Seek $13 Billion for Leveraged-Buyout Fund
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Apax Partners LLP, the British buyout firm, is seeking 9 billion euros ($13 billion) for a new fund, two people with knowledge of the matter said.
The London firm, which is targeting 20 percent less than its 11.2 billion-euro pool raised in 2007, sent out the marketing documentation to investors, said the people, who declined to be identified because the information isn’t public.