IN BRIEF: Apax Global Alpha to commit USD40 million to new fund
Apax Global Alpha Ltd - a closed-ended investment company that invests in a portfolio of private equity funds advised by private equity firm Apax Partners LLP - Intends to commit USD40 million to the AMI Opportunities Fund II. Says the investment is in accordance with its investment policy to invest in new private equity funds advised by Apax. Notes the commitment still depends on the approval and execution of the relevant legal documentation, among other things.
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