AGA gives shareholders access to a portfolio of Apax Private Equity Funds, as well as a smaller portfolio of debt. These strategies focus on global opportunities across four sectors.
Total NAV Return
Private Equity Total Return
Debt Total Return
Private Equity portfolio
Access to a portfolio of ‘hidden gems’. These are mostly private companies, many of which were acquired by the Apax Funds in control buyouts not accessible to shareholders elsewhere. The majority of these businesses operate globally, in coveted categories, in four attractive sectors.
This investment strategy focuses on business improvement to drive growth. The Apax team looks for under-optimised assets where financial performance can be accelerated through business quality improvement.
Capital not invested in Private Equity is primarily invested in debt. This portfolio enhances the robustness of AGA’s balance sheet and supports unfunded commitments to the Apax Private Equity Funds whilst also providing an additional source of alpha for AGA and a steady flow of income to support dividends.