Apax Global Alpha (LON:APAX) is the topic of conversation when Mark Thomas, Analyst at Hardman & Co joins DirectorsTalk Interviews.
In this interview with Mark Thomas, Analyst at Hardman & Co, key insights are provided on Apax Global Alpha’s performance during the first half of 2024. Thomas discusses a notable rebound in deal activity, highlighting both investments and exits, along with strong growth in investee company EBITDA. He also addresses the factors behind the dip in NAV, the outlook for further NAV growth, and Apax’s strategic approach to capital allocation and liquidity. The interview offers valuable perspectives on the current state of Apax Global Alpha and what investors might expect moving forward.
Apax Global Alpha is a British investment trust that focuses on private equity investments. It provides investors with exposure to private equity opportunities, primarily through its involvement in Apax Funds, which invest in a range of sectors such as technology, healthcare, consumer, and services. The trust also holds a portfolio of derived investments, including debt and equities, which offers additional liquidity and income. Apax aims to deliver long-term capital growth and income by leveraging the operational expertise of the Apax Partners group to add value to its investee companies.