27.05.2011 - Apax Partners said to seek $13 bln for leveraged-buyout fund

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. Apax, whose backers include China Investment Corporation, follows BC Partners Ltd., Cinven Ltd. and EQT Partners AB in seeking a total of 24 billion euros from investors in Europe as private equity deal activity recovers from a near-halt during the credit crisis..............................................Full Article: Source

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