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apax partners halts health care investments disbands dedicated team

Apax Partners will cease new investments in health care, disbanding its dedicated team due to a lack of opportunities in the sector. The firm will reassign team members to other roles while continuing to manage existing health care portfolio companies and focus on technology, services, and internet consumer sectors. Co-CEOs cited regulatory pressures and market variability as key factors in their decision. [Source](https://www.bloomberg.com)
BNN Bloomberg
Bloomberg L.P. Apax Partners Ltd. USA CHN HKG GBR DEU ISR IND Mitch Truwit Andrew Cavanna Andrew Sillitoe Show more
Finance & Economy, Market Report
09:00 11.10.2024

apax partners halts health care investments and disbands dedicated team

Apax Partners will cease new investments in health care, disbanding its dedicated team due to a lack of opportunities in the sector. The firm will reassign team members to other roles and continue managing existing health care portfolio companies while shifting focus to technology, services, and internet consumer sectors. Co-CEOs cited regulatory pressures and market variability as key factors in their decision.
Yahoo Finance
Apax Partners Ltd. Mitch Truwit Andrew Cavanna Andrew Sillitoe Show more
Finance & Economy, Market Report
09:00 11.10.2024
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