Audax Collects $1.85bn for New Debt Fund

Audax Collects $1.85bn for New Debt Fund

Audax Private Debt, the debt financing unit of multi-strategy investment firm Audax Group, has closed on $1.85bn for its fifth mezzanine fund to target private equity backed mid-market businesses. Commitments to Audax Mezzanine Fund V exceeded the firm’s fundraising...