Apax France Fund Falls Short By €100M

Apax France has raised €600 million for its eighth buyout portfolio.

Apax France has raised €600 million for its eighth buyout portfolio, Financial News reports. The private equity firm had set a €700 million target for the Apax France VIII.

The fund is expected to close later this month after 18 months on the road. The last fund of the firm, Apax France VII, raised a total of €900 million in May 2007.

Click here for the story from Financial News.