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Audax Group brings in $3.5B for 6th private equity fund

Alternative investment manager Audax Group closed its latest private equity fund at its $3.5 billion hard cap.

Investors from the U.S., Europe, the Asia-Pacific region, the Middle East, Canada and Latin America participated in the fundraising. The fund had a $3 billion target.

Audax Private Equity Fund VI, similar to previous funds in the series, will target investments in middle-market companies based in North America.