BOSTON, NEW YORK and SAN FRANCISCO– Audax Group (“Audax”), a leading alternative investment manager specializing in investments in North American middle market companies, today announced the close of Audax Private Equity Fund VI (“Fund VI”). Audax held the first and final close of Fund VI in August, above the $3 billion target at its hard cap of $3.5 billion. The Fund was significantly oversubscribed, with a diverse set of investors from the U.S., Europe, Asia-Pacific, the Middle East, Canada, and Latin America.
With Fund VI, Audax will continue its strategy of investing in middle market companies headquartered in North America. Audax works closely with portfolio company management teams to drive long-term value and accelerate growth through the pursuit of a disciplined Buy & Build investment strategy.