Apis Partners raises $1.23 billion for financial infrastructure funds
Updated
Updated · Bloomberg · May 7
Apis Partners raises $1.23 billion for financial infrastructure funds
9 articles · Updated · Bloomberg · May 7
The London-based private equity firm said Apis Global Growth Fund III and Apis Growth Markets Fund III closed 23% above target.
The haul is more than double the $563 million raised for a predecessor vehicle, marking a significantly larger capital base for new investments.
Apis said the latest funds will back financial infrastructure and services globally, underscoring investor appetite for the sector despite a tougher fundraising environment.
With private capital flooding global infrastructure, is this a path to innovation or a new source of systemic risk?
As private equity replaces aid for financial inclusion, who gets left behind when profit is the primary goal?