Report: Apax To Reach $300M Financing Goal For Israeli Fund

November 30, 2014 | According to reports made by “Reuters,” the European private equity and venture capital firm Apax will reach its $300 million goal for its mid-market fund called the Apax Middle-Market Israel (AMI). The funds will be used by AMI to fund companies in the technology, telecoms, healthcare, services and consumer sectors. Apax will be the investment adviser within the arrangement, which has already invested $1.2 billion in Israel since 2005. The AMI firm in Israel will be headed by Zehavit Cohen, the head of Apax Israel, who also led the group’s investments in Tnuva and the Psagot investment firm.