Apax successfully closed its Apax Global Impact Fund (“AGI”), a c.USD 900 million fund, committed to investing in mission-driven companies with core products and services that tackle environmental or social issues.

AGI closely aligns with Apax’s sector-driven strategy, seeking out opportunities to support companies which deliver tangible societal and/or environmental impact. The strategy revolves around four sector themes including Health & Wellness, Environment & Resources, Social & Economic Mobility, and Digital Impact Enablers.

AGI received commitments from both existing and new investors globally, including private and public pension funds, sovereign wealth funds, fund of funds, insurance companies, endowments and charitable foundations.

AGI is classified as an Article 9 fund under the Sustainable Finance Disclosure Regulation and a percentage of carried interest is linked to successful impact performance.

This mandate brought together our fund formation and tax teams and covered all legal and tax aspects of the fund setup and launch.

Apax Partners is a leading global private equity firm that invests in high-potential companies across four sectors with sector-led expertise and operating skills.