Audax Group is contemplating a strategy that will enable the firm to invest in secondhand stakes of private-equity assets, according to four people familiar with the matter.
Boston-based Audax is among a small number of midmarket private-equity firms that want to follow in the footsteps of larger peers, such as Apollo Global Management and TPG, that have launched secondary strategies, the people said. These people added that Audax plans to emphasize sponsor-led deals, which refers to transactions initiated by fund managers...
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March 10, 2022 at 06:41AM
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Audax Mulls Launch of Secondary Fund Strategy - The Wall Street Journal
"strategy" - Google News
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