Apis Partners tops $500m with its latest fund
The UK private equity fund manager co-founded by a former Abraaj partner has surpassed expectations with its second growth fund.
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▪ Apis Partners tops $500m with its latest fund
▪ The UK private equity fund manager co-founded by a former Abraaj partner has surpassed expectations with its second growth fund.
▪ https://www.africabusinessplus.com/en/801557/apis-fund-depasse-le-demi-milliard-pour-son-dernier-fonds/
With an initial target of $400m, Apis Partners finally exceeded its goal and even its hard-cap of $550m. At closure, Matteo Stefanel – former Partner at Abraaj – and Udayan Goyal – former director at Deutsche Bank – raised more than $563m for Apis Growth Fund II, almost double the amount of their first vehicle launched in 2016 at $287m.
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