Private-equity firm Apax Partners is preparing for an initial public offering, Bloomberg News reported Thursday, citing people with knowledge of the matter.

The offering would consist of shares of Apax's permanent capital vehicle, which it set up six years ago, according to the report.

Full story at: www.bloomberg.com/news/articles/2015-04-09/apax-partners-said-to-ready-ipo-in-drive-for-permanent-funds

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