About This Fund
Apax Digital Fund I is a $1.1 billion growth equity fund launched by Apax Digital, the dedicated digital growth investment arm of Apax Partners, one of the world's leading global private equity firms. Established with a 2017 vintage, the fund represents Apax's strategic commitment to investing in high-growth technology and digital companies transforming industries across the United States and Europe.
The fund pursues growth equity investments in mid-to-large-scale technology businesses at the intersection of software, data, and services, targeting companies with proven business models scaling rapidly. Apax Digital's investment approach combines the firm's decades of operational expertise in technology investing with a dedicated team of digital specialists focused on identifying disruptive businesses in high-growth digital subsectors. The fund targets companies where Apax's sector expertise, global network, and operational resources can meaningfully accelerate growth, with equity checks consistent with Apax Partners' broader growth buyout strategy, partnering with founders and management teams to support geographic expansion, product development, and strategic acquisitions.
Apax Digital Fund I closed at approximately $1.1 billion, serving as the foundation of the Apax Digital strategy and demonstrating strong LP demand for a dedicated digital growth equity vehicle within the Apax platform. Building on its success, Apax Partners subsequently launched Apax Digital Fund II, which closed at approximately $2 billion in 2023, reflecting continued LP support for the strategy. Apax Partners manages approximately EUR 70 billion in total assets under management, having raised approximately $80 billion in aggregate since inception across its global fund family.