The Apax Foundation and Apax US Foundation are the channels for Apax Partners’ corporate giving globally. The charities are funded by the firm, receiving a percentage of its profits and carried interest, as well as donations from individual partners.
The Foundation focuses on three areas: social entrepreneurship, Apax’s staff ‘matching’ scheme, and the European private equity community’s collective charity, the Private Equity Foundation. The Foundations together give at a rate of around £1m annually to charities in Europe, the US, Africa and Asia.
The Apax Foundation is a headline supporter of the Mosaic Enterprise Challenge.