Inside Apax Our Contacts History Home > Inside Apax > Company > History Company History Governance Funds THE DEVELOPMENT OF APAX PARTNERS The firm’s history is interwoven with the development of private equity in Europe and the US. Founded nearly 50 years ago on both sides of the Atlantic, the firm has successfully raised and advised over 30 funds. Originally born as a venture capital business, pioneering venture investing, the firm evolved over subsequent decades developing a more specialist sector focus. At the same time, Apax raised larger funds, increasingly focusing on global buy-out and growth opportunities over venture capital. The firm also evolved into synergistic strategies, subsequently launching the Apax Mid-market Israel Opportunities Fund, Apax Global Alpha which was listed on the Main Market of the LSE in 2015, and the Apax Digital Fund, the firm’s first dedicated Digital fund focused on minority and growth tech equity investments. Throughout its history Apax has retained its strong focus on sector expertise and growth, drawing on the operational as well as industry backgrounds of its investment professionals to gain competitive advantage. In the last ten years we have complemented this approach with a focus on digital transformation, working with companies to inspire growth. 2010s 2017 APAX LAUNCHES FIRST DEDICATED DIGITAL GROWTH FUND Raises $1bn for Apax Digital Fund 2016 APAX RAISES $9BN GLOBAL BUYOUT FUND Apax raises Apax IX, its second global buyout fund 2015 APAX RAISES FIRST AMI OPPORTUNITIES FUND $504m raised for dedicated Israel-focused fund 2015 APAX GLOBAL ALPHA LISTS ON THE LSE AGA lists on the Main Market of the LSE under the ticker APAX 2014 SUCCESSION Andrew Sillitoe and Mitch Truwit elected Co-CEOs, succeeding Martin Halusa, who became Chairman 2012 APAX RAISES $7.5BN GLOBAL BUY-OUT FUND Apax VIII, Apax's first global fund 2011 KNOWLEDGENOW The Operational Excellence Practice holds its first KnowledgeNow event in London 2000s 2008 OFFICE OPENING IN CHINA Shanghai office opens 2007 APAX RAISES C. €12BN IN NEW FUNDS Apax raises Apax Europe VII, the largest ever European private equity fund alongside the US VII fund 2006 OFFICE OPENING IN INDIA Mumbai office opens 2006 APAX RAISES €4.3BN FUND Apax Partners raises over €4bn for Apax Europe VI 2005 CHINA Hong Kong office opens 2004 SUCCESSION Martin Halusa elected CEO to succeed founder Sir Ronald Cohen 2002 APAX PARTNERS LLP ESTABLISHED European and US operating companies merge to become Apax Partners LLP 2001 APAX RAISES €4.4BN EUROPEAN FUND Apax raises Europe V, the largest European private equity fund at the time 2000 APAX RAISES OVER A BILLION FOR US FUND Apax raises $1.1 bn for Excelsior VI 1990s 1999 FIRST PAN-EUROPEAN FUND AND APAX ISRAEL II RAISED Apax raises €1.8bn and $102.5m respectively 1994 ISRAEL GROWTH FUND RAISED Over $40m raised for new fund 1994 OFFICE OPENING IN ISRAEL Tel Aviv office opens 1990 OFFICE OPENING IN GERMANY Munich office opens 1980s 1981 FIRST FUNDRAISES IN UK & US The UK and US firms which later merged, laying the foundation for Apax, raised their first funds – Venture Capital Fund in Europe and Excelsior Fund in the US We use cookies (technical and profiling) on apax.com to help understand usage of the website. The data collection and reporting is provided by Google Analytics. Before you access our website, please read our Cookies and Privacy Policy carefully. ACCEPT & CONTINUE Back to top Inside Apax History Governance Funds Our Contacts Disclaimer Privacy Policy Cookie Notice Terms & Conditions Accessibility For the latest Apax news, follow us on: Copyright © 2021 Apax Partners