Apax Israel raising $600 million fund
The private equity firm's second Israeli fund will also focus on local medium-sized companies valued at up to $100 million
Golan Hazani | 12:31 09.09.2021
Apax Israel is set to embark on a massive funding round, Calcalist has learned. The AMI (Apax Mid-Market Israel) fund will launch its roadshow over the next couple of months, meeting with institutional Israeli investors as well as foreign investors, with the aim of recruiting at least $600 million for its second fund. The meetings are being led by Apax Israel CEO Zehavit Cohen. Apax Israel began raising its first fund seven years ago, ultimately reaching $500 million. Similar to the first fund, the second fund will also focus on mid-market Israeli companies, valued at between $25-100 million, in the sectors of technology, telecom, retail, and health.