Apax Global Alpha announces Stephanie Coxon to its Board as upcoming Non-Executive Director

– GUERNSEY, St. Peter Port –  Apax Global Alpha Limited (LON: APAX) today announced that Ms Stephanie Coxon has accepted an invitation to join the Board as a non-executive Director and a member of its audit committee, with effect from 31 March 2020.

Ms Coxon is a Guernsey resident and has 15 years of experience of audit and advisory services with PwC in the asset management sector, specialising in listed investment funds in a multitude of asset classes.

Ms Coxon is a fellow of the Institute of Chartered Accountants of England and Wales.

About Apax Global Alpha Limited

AGA is a Guernsey registered closed-ended collective investment scheme incorporated as a non-cellular company that listed on the London Stock Exchange on 15 June 2015. It is regulated by the Guernsey Financial Services Commission.

AGA’s objective is to provide shareholders with capital appreciation from its investment portfolio and regular dividends. The Company is targeting an annualised Total Return, across economic cycles, of 12-15% including a dividend yield of 5% of Net Asset Value.

The investment policy of the Company is to make Private Equity investments in Apax Funds, and Derived Investments which are investments in equities and debt derived from the insights gained via Apax Partners’ Private Equity activities. The Company’s portfolio is expected to be allocated in approximately equal proportions between Private Equity and Derived Investments, although the investment mix will fluctuate over time due to market conditions, investment opportunities, cash flow requirements, the dividend policy and other factors.

For more information: https://www.apaxglobalalpha.com

About Apax Partners LLP

Apax Partners is a leading global private equity advisory firm and over its more than 40-year history, Apax Partners has raised and advised funds with aggregate commitments of c.€40 billion. Funds advised by Apax Partners invest in companies across four global sectors of Tech & Telco, Services, Healthcare and Consumer. These funds provide long‐term equity financing to build and strengthen world‐class companies.

Apax Partners is authorised and regulated by the Financial Conduct Authority in the UK.

For more information: https://www.apax.com

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