Apax Global Alpha
- Company typePrivate
- Founded2015
- HeadquartersSt. Peter Port
- Headcount1–10
- GTM typeB2B
- OfferingServices
Apax Global Alpha firmographics
Firmographics- Name
- Apax Global Alpha
- Legal name
- Apax Global Alpha Limited
- Website
- https://apaxglobalalpha.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Apax Global Alpha industry classification
Industry- Product category
- Listed Private Equity Investment Vehicle
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (52591)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Evergreen / Open-Ended Multi-Manager Platforms (FSANAGAM)
- akta.pro secondary industry
- Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)
Keywords
Where Apax Global Alpha is headquartered
LocationHeadquarters
- HQ city
- St. Peter Port
Markets served
Apax Global Alpha business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Distribution channels1 record
Marketing channels2 records
Apax Global Alpha product offering
Product offeringCore offering
Apax Global Alpha was a single London-listed investment company providing shareholders with permanent capital exposure to Apax Partners' private equity franchise. It deployed capital across PE buyout, digital growth, impact, mid-market Israel and credit strategies spanning tech, services, internet/consumer, and selectively healthcare and retail, while returning capital to shareholders via dividends and buybacks. The vehicle held a combined Private Equity and Debt portfolio and was delisted on 18 September 2025 following a recommended offer to take it private.
Product overview
Apax Global Alpha was a single investment product – a listed investment company providing exposure to Apax Partners private equity funds. The company operated as a direct investment vehicle, offering shareholders access to the Apax private equity portfolio through a London Stock Exchange-listed structure. Following its delisting on 18 September 2025, eligible shareholders who elected to roll received unlisted shares in a newly established private vehicle, while others received cash consideration.
Differentiator
Problem solved
Functional benefit
Products and services
- Apax Global Alpha (AGA) Listed Investment Company A single London-listed investment vehicle (formerly LSE ticker: APAX) giving shareholders permanent-capital exposure to Apax Partners' private equity and credit strategies across tech, services, internet/consumer sectors in the UK, US, EMEA and Asia Pacific. Following the 18 September 2025 delisting, it now operates as an unlisted private vehicle (the "New Fund") managed by Apax Partners.
Quantifiable outcome
- 2.6x gross MOIC on nine realisations (excluding Vyaire)
- +2 more outcomes
Companies that use Apax Global Alpha
Customer profileSegments1 record
Ideal customer profiles1 record
Apax Global Alpha technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Apax Global Alpha partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights3 records
Apax Global Alpha competitors and assessment
Company assessmentBroad incumbents
- 3i Group: FTSE 100-listed PE firm with substantial European mid-market buyout focus. A larger, more established public PE player; comparable as a listed PE vehicle but operates as a direct investor rather than a fund-of-funds like AGA.
- Blackstone Inc. Largest global alternatives manager with extensive PE and credit franchises including listed vehicles like BCRED. Comparable as a broad PE/credit incumbent with similar strategies to AGA, though operating at vastly greater scale.
- KKR & Co Inc. Global alternatives manager with listed PE and credit vehicles across multiple strategies. Comparable to AGA's integrated PE-credit model, though at significantly larger scale and broader product set.
- Partners Group Holding: Swiss-listed global private markets investment manager with private equity, private debt, real estate, and infrastructure offerings. Comparable as a broad alternatives manager with multi-strategy capabilities, though larger and more diversified than AGA.
Direct peers
- Hg Capital Trust: London-listed trust providing exposure to Hg's software and services buyout funds. Closely comparable as a listed single-sponsor PE vehicle tied to Hg's platform, mirroring AGA's Apax Partners dependency.
- ICG Enterprise Trust: London-listed PE fund-of-funds advised by ICG, providing diversified mid-market buyout exposure. Directly comparable as a listed multi-manager PE vehicle, with similar investor base and capital-return mechanisms to AGA.
- Pantheon International Participations: London-listed fund-of-funds providing diversified global PE exposure across multiple managers and vintages. Directly comparable to AGA as a multi-manager listed PE vehicle, though Pantheon uses a broader manager roster versus AGA's single-sponsor Apax concentration.
- Princess Private Equity Holding: Listed investment company focused on direct PE investments across Europe and globally. Comparable to AGA as a listed PE vehicle with diversified underlying exposure, though Princess pursues a direct-investment model rather than Apax's fund-and-co-invest approach.
- HarbourVest Global Private Equity: London-listed fund-of-funds managed by HarbourVest Partners, providing exposure to a diversified PE portfolio. Closely comparable structure to AGA, with both vehicles offering public-market access to PE returns across multiple underlying managers.
- Standard Life Aberdeen Private Equity Trust: Listed PE fund-of-funds trust managed by abrdn, providing exposure to global buyout funds. Comparable as a multi-manager listed PE vehicle targeting similar investor outcomes to AGA.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Apax Global Alpha social profiles
Digital presenceApax Global Alpha financial estimates
Financial estimateRevenue estimate
Valuation estimate
Apax Global Alpha leadership team
Management profileNumber of profiles
Apax Global Alpha funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Apax Global Alpha M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Apax Global Alpha
What does Apax Global Alpha do?
Apax Global Alpha was a single London-listed investment company providing shareholders with permanent capital exposure to Apax Partners' private equity franchise. It deployed capital across PE buyout, digital growth, impact, mid-market Israel and credit strategies spanning tech, services, internet/consumer, and selectively healthcare and retail, while returning capital to shareholders via dividends and buybacks. The vehicle held a combined Private Equity and Debt portfolio and was delisted on 18 September 2025 following a recommended offer to take it private.
Is Apax Global Alpha a public or private company?
Apax Global Alpha is a private company. It is classified as private equity controlled and is currently operating.
When was Apax Global Alpha founded?
Apax Global Alpha was founded in 2015. It employs 1 to 10 people.
Where is Apax Global Alpha based?
Apax Global Alpha is headquartered in St. Peter Port.
Who are Apax Global Alpha's main competitors?
Broad incumbents on record are 3i Group, Blackstone Inc., KKR & Co Inc. and Partners Group Holding. Direct peers are Hg Capital Trust, ICG Enterprise Trust, Pantheon International Participations, Princess Private Equity Holding, HarbourVest Global Private Equity and Standard Life Aberdeen Private Equity Trust.
Does Apax Global Alpha have an API?
No public API is recorded for Apax Global Alpha.
What industry is Apax Global Alpha in?
Apax Global Alpha's product category is Listed Private Equity Investment Vehicle. Its primary akta.pro industry code is FSANAGAM, Evergreen / Open-Ended Multi-Manager Platforms, with a secondary code of FSAAALAG, Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure). Its NAICS code is 523940 and its SIC code is 6282.