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Warburg Pincus takes stake in core software firm Avaloq

Private equity firm Warburg Pincus is acquiring a 35% stake in Swiss financial software firm Avaloq. The deal will see Warburg Pincus pump a reported $300m into the Zurich-based company.

Apis Partners closes emerging market fund at $287m

Apis Growth Fund I closed at $287m, up from its $250m target and will invest in the growth markets of Africa and South Asia.
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