Audax Group
Private equityBoston Β· Growth
Also known as AUDAX MANAGEMENT COMPANY, LLC
Investment thesis
Audax Group focuses on the middle market through its two businesses, Audax Private Equity and Audax Private Debt. The firm emphasizes a consistent, long-standing dedication to middle market companies even as it has scaled, which it positions as a competitive advantage in sourcing, supporting, and helping grow these companies.
Source: firm website, verified Aug 18, 2026.
Founder mafia
2 people who came through Audax Group went on to found or lead other companies.
Fund performance Β· per public LP disclosures Β· 13
as of Jun 2024| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Audax Mezzanine Fund V A LPLPs: Florida State Board of Administration | 2022 | β | 15.5% | 1.17x | 0.23x |
| Audax Private Equity Fund VII-BLPs: Tulare County Employees' Retirement Association | 2022 | β | β | 0.01x | β |
| Audax Mezzanine Fund VLPs: Florida State Board of Administration, Minnesota State Board of Investment | 2020 | β | 11.9% | 1.18x | 0.37x |
| Audax Private Equity Fund VILPs: Pennsylvania Public School Employees' Retirement System, Maryland State Retirement and Pension System | 2019 | β | 23.5% | 1.70x | 0.64x |
| Audax Direct Lending Fund ALPs: Imperial County Employees' Retirement System | 2017 | β | 14.6% | 1.49x | 0.58x |
| Audax Senior Debt (MP), LLCLPs: Maine Public Employees Retirement System | 2017 | β | 5.2% | β | 1.35x |
| Audax Private Equity Fund VLPs: Pennsylvania Public School Employees' Retirement System, Maryland State Retirement and Pension System | 2016 | β | 21.9% | 2.10x | 1.59x |
| Audax Mezzanine Fund IV-A, L.P.LPs: Florida State Board of Administration, Minnesota State Board of Investment | 2015 | β | 10.2% | 1.25x | 0.98x |
| Audax Credit Opportunities (SBA) LLCLPs: Florida State Board of Administration | 2010 | β | 6.6% | 2.31x | 0.19x |
| Audax Mezzanine Fund III, L.P.LPs: Minnesota State Board of Investment, Connecticut Retirement Plans and Trust Funds, San Diego City Employees' Retirement System | 2010 | β | 9.6% | 1.31x | 1.30x |
| Audax Private Equity Fund IIILPs: Pennsylvania Public School Employees' Retirement System, John D. and Catherine T. MacArthur Foundation, Maryland State Retirement and Pension System +1 more | 2007 | β | 14.9% | 2.00x | 1.95x |
| Audax Mezzanine Fund IV, L.P.LPs: Florida State Board of Administration | 2001 | β | 12.0% | 1.22x | 0.63x |
| Audax Private Equity FundLPs: Pennsylvania Public School Employees' Retirement System | 2000 | β | 13.1% | 1.50x | 1.52x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- What stage does Audax Group invest at?
- Audax Group invests at the Growth stage.
- What sectors does Audax Group focus on?
- Audax Group focuses on Sector Agnostic.
- Where is Audax Group located?
- Audax Group is headquartered in Boston, US.
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