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Report: Apax Partners looks to raise $10B for new flagship fund

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Report: Apax Partners looks to raise $10B for new flagship fund

Apax Partners LLP is hitting the fundraising market early in 2019 to raise about $10 billion for Apax X, Private Equity International reported, citing a source familiar with the London-based private equity firm.

Through its flagship funds, Apax invests in the global technology and telecommunications, services, healthcare and consumer industries.

Apax did not comment on the matter, according to the report.