Apax Partners

Our values are built into every aspect of our business. Because private equity is such a long-term business, and depends on the trust it receives from investors, business owners and management teams, the values of integrity and sustainability are crucial in everything we do. We apply these values equally across our business in all of the countries in which we operate. They inform our interactions with employees, portfolio companies, suppliers, investors and the local communities in which we operate.

Apax Funds are long-term stewards of over US$40bn of our investors’ capital, which has been entrusted to us on the basis of our values and uncompromising integrity. Apax Funds predominantly invest in modern growth companies within our five sectors of expertise. The Apax Funds do not invest in companies involved in firearms, pornography or that derive significant revenues from the production or sale of tobacco.

We are long-term investors with the aim of building robust and sustainable businesses. We employ a rigorous screening process before we make any investment, which includes an assessment of the environmental, ethical and social impact of that business. These aspects of the business are then assessed on an ongoing basis as part of the portfolio review process and are analysed by the whole team on a twice-yearly basis. Portfolio companies are encouraged to take an active lead in terms of corporate social responsibility partly because we believe that this will enhance the reputation and long-term prospects of the business and help to reduce potential liabilities.

We are proud of what we do: backing management to release the full potential of their businesses through insight and patient long-term investment. We are very aware of our responsibilities and at all times are guided by our values. These values apply as much to portfolio companies as within Apax Partners itself:

Integrity We apply the highest standards of integrity across our worldwide business in our dealings with all of our stakeholders.

Safeguarding our environment We run environmentally sound operations which aspire to create minimal damage to the environment. We seek to drive down the environmental impact of operations by reducing waste, emissions and discharges and by using energy efficiently. Apax Partners has also embarked on a project to become carbon neutral and will be actively working to evaluate and reduce our carbon footprint and offset our carbon emissions as appropriate.

Supporting communities We act with respect and consideration for the quality of life and economic and social progress of the communities within which we operate.

Building long-term relationships We conduct business on a long-term, sustainable and transparent basis, looking to create relationships founded on mutual advantage which are capable of enduring beyond a single transaction.

Putting people first We treat people with dignity and respect, just as we would wish to be treated ourselves.

We only recruit, select and advance employees on merit, irrespective of age, gender, nationality, disability, religious belief or sexual orientation.

We do not tolerate abusive, harassing or offensive conduct in the workplace.

The welfare of our employees and those of Apax Funds’ portfolio companies is a top priority. We aspire to have no accidents, no harm to people and not to subject anyone to unnecessary risks at work.