IN BRIEF: Apax Global Alpha invests in online educational marketplace

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Apax Global Alpha Ltd - closed-ended investment company that invests in a portfolio of private equity funds advised by private equity firm Apax Partners - Expects to invest approximately €1.7 million in Swing Education, an online marketplace connecting schools and substitute teachers, on a look-through basis.

The investment is part of a $38 million Series C funding round.

Current stock price: 161.20 pence

12-month change: down 12%

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