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![FundFanatic Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1851508262.png) Gavin Lumsden [@FundFanatic](/creator/twitter/FundFanatic) on x 4258 followers
Created: 2025-07-27 08:30:45 UTC

APAX chair Karl Sternberg tells @Citywire that sale of portfolio back to its fund manager on XX% discount was best solution for private equity fund stuck XX% below asset value. ‘A piecemeal sale of assets fund by fund would have created further complexity’

![](https://pbs.twimg.com/card_img/1947338759092989952/XC7G623S?format=jpg&name=800x419)

XXX engagements

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**Related Topics**
[private equity](/topic/private-equity)
[alternative investments](/topic/alternative-investments)
[fund manager](/topic/fund-manager)

[Post Link](https://x.com/FundFanatic/status/1949386966329426229)