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Sovereign Wealth Funds Briefing - Categorized | Investment

Apax to sell 10% stake to Australian and Singaporean SWFs

Posted on 12 August 2008

From NYtimes Dealbook: Apax Partners, the British buyout giant, is pursuing a sale of 10 percent of itself to Australian and Singaporean sovereign wealth funds and a Japanese investor, The Times of London reported citing unnamed sources.

A deal, which would see the Australian Government Future Fund, the Government of Singapore Investment Corporation and an unnamed Japanese firm invest hundreds of millions of euros in Apax, could be reached within days, the paper said… Full article: Source


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