Audax Private Debt Closes Largest Fund in Firm’s History, Raising $10 Billion in Investable Capital
NEW YORK--(BUSINESS WIRE)--Audax Private Debt, a leading provider of financing solutions to North American middle market businesses, today announced the final close of Audax Direct Lending Solutions Fund III (“DLS Fund III” or the “Fund”), raising $10 billion of investable capital, including targeted leverage, commitments in DLS Fund III-related vehicles investing alongside the Fund, and investment by the General Partner. DLS Fund III was significantly oversubscribed, closing at its hard cap wi