Page 7 - Global Alpha News Today

Investment Week is pleased to announce the finalists for the 23rd Investment Company of the Year Awards in association with the AIC, which have a proud history of rewarding excellence in closed-ended fund management.

Apax Global Alpha to invest EUR23 million in social software deal Wed, 4th Aug 2021 10:37 (Alliance News) - Guernsey-based private equity investment trust Apax Global Alpha Ltd on Wednesday said it expects to invest EUR23 million in Apex X Funds "social good software platform" merger. The Apax X Fund - in which Apax Global Alpha is a limited partner - has agreed to acquire majority stakes in non-profit software companies EveryAction and Social Solutions. The transactions are expected to close i...

Source: FE Fundinfo Despite the demotions, Liontrust still had the second highest number of top ranking funds at 13, representing nearly a quarter of its 58-strong fund range. It was tied with Blackrock and ahead of Fidelity’s 12 five-crown funds. Meanwhile Baillie Gifford fell all the way from second to seventh place in the latest rebalance, with nine funds achieving the five-crown rating, putting it behind Jupiter with 10 funds. Abrdn, which finished third in the January report, was up at t...

14 June 2021 | 07:51am StockMarketWire.com - The Apax X Fund, in which Apax Global Alpha is a limited partner, announced that it had signed a definitive agreement to acquire a majority stake in Infogain, a Silicon Valley-based leader in digital platforms and software engineering services. Apax Global Alpha is expected to invest up to €22.1 million in Infogain. Founded in 1990 and headquartered in Los Gatos, California, Infogain provides human-centered digital platform engineering services t...

Andrew Sinclair is invested in healthcare and technology stocks – but experts say he needs to diversify

Baillie Gifford’s outgoing senior partner reflects on almost four decades in asset management

Lexington Partners gets GBP39 million from Apax Global share sale Thu, 20th May 2021 11:42 (Alliance News) - Lexington Partners has sold almost GBP40 million in shares in Apax Global Alpha Ltd, Jefferies International Ltd said on Thursday. The 20.7 million shares were sold at a price of 188.00 pence each, representing a 5.9% discount to Wednesdays closing price of 199.8p. Shares in private equity and derived investments-focused firm Apax Global Alpha were trading 2.6% lower at 194.58p in Lon...

14 May 2021 | 07:28am StockMarketWire.com - Private equity fund Apax Global Alpha said Global-e, a provider of cross-border e-commerce solutions, had made its public market debut on the Nasdaq Global Select Market on 12 May 2021. The closing price per share of common stock on 12 May was $25.5. At the closing Price, and based on closing exchange rates, Apax Global Alphas look through position in Global-e was valued at about €17.4 million. This represents an uplift of 234% or c.€12.2m to...

Florida’s $245.8 billion state investment office has terminated another of its investments with AQR Capital Management, despite the quant firm’s improving performance. The Florida State Board of Administration shared its first-quarter manager commitments and terminations on Tuesday, revealing that had it ended a commitment of $375 million to AQR at the beginning of February. This follows the investment office’s 2019 decision to terminate a separate U.S. equity investment with AQR worth $1...

17 March 2021 | 09:20am StockMarketWire.com - Apax Global Alphas Apax X Fund entered into an agreement to acquire a majority stake in Lutech SpA for about €8.5 million, an IT services, software and technology company in Italy. The transaction was expected to close in the second quarter of 2021, subject to customary closing conditions. On a look through basis, AGA is expected to invest approximately €8.5m in the company. Founded in 2001, Lutech, an Italian IT services and solutions provid...