{"id":14759,"date":"2023-12-18T12:29:10","date_gmt":"2023-12-18T12:29:10","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14759"},"modified":"2023-12-18T12:29:11","modified_gmt":"2023-12-18T12:29:11","slug":"apax-raises-900-million-for-global-impact-fund","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/apax-raises-900-million-for-global-impact-fund\/","title":{"rendered":"Apax Raises $900 Million for Global Impact Fund"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-14759\" data-postid=\"14759\" class=\"themify_builder_content themify_builder_content-14759 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n\n\n<p>Private equity investor Apax announced the final close of the Apax Global Impact Fund (AGI), with commitments of approximately $900 million for investments in companies that provide products and services addressing environmental and social issues.<\/p>\n\n\n\n<p>According to Apax, the fund aims to support companies delivering tangible social or environmental impact, targeting key themes including Health &amp; Wellness, Environment &amp; Resources, Social &amp; Economic Mobility, and Digital Impact Enablers, utilizing a proprietary impact measurement system to evaluate and monitor impact and identify and track outcomes across the portfolio.<\/p>\n\n\n\n<p>The fund is classified as Article 9 under the EU\u2019s SFDR regulation.<\/p>\n\n\n\n<p>Jason Wright, Chair of Apax\u2019s Global Impact strategy, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWe\u2019re incredibly excited by the possibilities within the burgeoning impact space, and this successful fundraise is testament to our distinctive and differentiated proposition. The Apax Global Impact team have an impressive combination of private equity experience and impact expertise, making them ideally positioned to help visionary businesses accelerate growth and unlock value.\u201d<\/p>\n<\/blockquote>\n\n\n\n<p>To date, AGI has invested in four businesses, including supply chain risk management software platform GAN Integrity, social good-focused software company Bonterra, eating disorder treatment provider Eating Recovery Center, and Swing Education, an online marketplace connecting schools and substitute teachers.<\/p>\n\n\n\n<p>Apax co-founder and Chair of the firm\u2019s Global Impact Advisory Board Sir Ronald Cohen said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThe world has historically operated on two parameters: risk and return. We now find ourselves shifting to three dimensions: risk, return and measurable impact. It is incredibly important that as businesses generate profits, they also deliver improvement in the lives of people and the state of the planet. The Apax Global Impact fund is committed to this mission.\u201d&nbsp;&nbsp;&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<p>Apax\u2019 14-person impact team is led by Managing Partners Alykhan Nathoo and David Su, and supported by its 5-person Impact Advisory Board, which provides guidance on matters including impact measurement and on driving additional impact across partner companies.<\/p><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Private equity investor Apax announced the final close of the Apax Global Impact Fund (AGI), with commitments of approximately $900 million for investments in companies that provide products and services addressing environmental and social issues. According to Apax, the fund aims to support companies delivering tangible social or environmental impact, targeting key themes including Health [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14760,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[12,4,8],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Apax Raises $900 Million for Global Impact Fund - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/apax-raises-900-million-for-global-impact-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Apax Raises $900 Million for Global Impact Fund - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Private equity investor Apax announced the final close of the Apax Global Impact Fund (AGI), with commitments of approximately $900 million for investments in companies that provide products and services addressing environmental and social issues. According to Apax, the fund aims to support companies delivering tangible social or environmental impact, targeting key themes including Health [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/apax-raises-900-million-for-global-impact-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-18T12:29:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-18T12:29:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/12\/Apax.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Segal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Segal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/apax-raises-900-million-for-global-impact-fund\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/apax-raises-900-million-for-global-impact-fund\/\"},\"author\":{\"name\":\"Mark Segal\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01\"},\"headline\":\"Apax Raises $900 Million for Global Impact Fund\",\"datePublished\":\"2023-12-18T12:29:10+00:00\",\"dateModified\":\"2023-12-18T12:29:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/apax-raises-900-million-for-global-impact-fund\/\"},\"wordCount\":323,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Environment\",\"Private Equity &amp; 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