With 21 direct and 31 add-on technology and software investments since 2010, Apax Partners is an active acquirer and investor in tech and software. In 2016, it returned to smaller check growth investing. The reported launch of the Apax Digital Fund, to be run by Dan O’Keefe and Marcelo Gigliani in Apax’s NYC office, is a continuation of that trend. We believe the fund will be dedicated exclusively to minority or majority growth investments with sub-$100M checks.