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INTELLIGENCE
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HEDGE FUNDS
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PRINT THIS PAGE US Audax Group closes second private equity fund on $700m09/09/2005. Source: AltAssets. 
Maryland.
Founders and co-CEOs Geoffrey S Rehnert and Marc B Wolpow said, 'We are very pleased with commitments received from existing and new investors who value our strategy, our experience, and our team.'
Audax Private Equity Fund I has 15 portfolio companies remaining with combined revenues of $1.9bn.
Audax Group is a private equity and mezzanine debt investor in US middle market companies. The Group expects to initiate fundraising for its second mezzanine debt fund, Audax Mezzanine Fund II, later this year.
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