Apax Global Alpha (LON:APAX) is the topic of conversation when Mark Thomas Analyst at Hardman & Co joins DirectorsTalk Interviews.
Mark talks us through his recent report entitled ‘Making Pearls out of Oysters’, explains how the company improves performance, how their sale relative multiple is typically ca.30% higher than on purchase, what Apax, the manager, and Apax Global Alpha, the trust, specifically bring to the party and risk involved.
Apax Global Alpha (LON APAX) are a closed-ended investment company that invests in a portfolio of private equity funds, and a focused portfolio of debt and equity.