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Financial Investment

Investment Company

Name
Azimut
Sector
Financial & Business Services
Country
Italy
Initial Inv Date
2002
Business Focus
Retail distribution and mutual fund asset management.
Contact
Piazza Durante, 11
Milan
20131
0039 02 283651
www.azimut.it
June 8, 2005

Apax Partners Funds sell remaining stake in Azimut

Funds advised by Apax Partners today announced the sale by their Luxembourg subsidiaries of their remaining stake in Azimut Holding, the Italian fund management group, to institutional investors at a price of €5.05 per share.

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News

August 7, 2007

Apax Partners sells Global Refund to Barclays Private Equity
The shareholders of Global Refund Holdings BV, which include funds advised by Apax Partners, have reached an agreement for the sale of the Company to Barclays Private Equity. The transaction values the Company at more than €360 million.

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June 13, 2007

Acquisition of Hub International completed
Hub International Limited announced today the completion of the plan of arrangement pursuant to which funds advised by Apax Partners together with Morgan Stanley Principal Investments acquired all of Hub’s common shares for $41.50 per share.

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March 27, 2007

Travelex to acquire Ruesch International
Travelex, the world’s largest non-bank provider of international payment services, announced today that it has agreed to acquire Ruesch International from Welsh, Carson, Anderson & Stowe for US$440 million.

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