Thursday, 25 December 2014
Last updated 1 day ago
Jun 5 2007 | 10:20am ET
The Audax Group has raised its third private equity fund, Audax Private Equity Fund III, which held a first and final close of $1 billion on June 1. The new fund will be invested exclusively in control, leveraged acquisitions of middle-market companies.
The vast majority of capital for the new offering comes from investors in prior Audax funds, with the balance stemming from a handful of new institutional investors, according to Garz Soule, director of investor development.
Audax Private Equity is part of Audax Group, a leading private equity and debt capital investor in middle market companies. Co-CEOs Geoffrey Rehnert and Marc Wolpow founded Audax in 1999. The firm has over 80 employees and manages in excess of $3.5 billion in capital.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.