– Apis Partners Group (UK) Limited, a private equity firm focused on tech-enabled financial infrastructure and services, announced the final close of Apis Global Growth Fund III and Apis Growth Markets Fund III
– Combined commitments reached $1.23 billion (excluding co-investments), more than double Fund II at $563 million
– Fund III closed 23% above its target size
– Strong LP retention, with over 70% of existing limited partners re-upping and increasing commitments
– Returning LPs account for around 50% of total capital raised
– New investor base expanded to include sovereign and supranational investors, alongside banks, insurers, pension funds, funds of funds, and foundations
– Fund III will continue investing in profitable, high-growth financial infrastructure and services companies in Europe and selected global growth markets
– Approximately $400 million already deployed across seven investments
– Strategy focuses on embedded finance, democratisation of finance, and enabling the digital economy through capital-light, disruptive business models
– Co-Founder Matteo Stefanel highlighted strong investor backing and continued focus on connecting capital with high-growth financial infrastructure businesses
– Co-Founder Udayan Goyal emphasized validation of a specialist fund strategy over generalist approaches and continued thematic investing in digital finance
