Apollo-backed 25madison seeks $200M for debut

25madison is out seeking $200 million for its first buyout fund geared toward helping portfolio companies deploy artificial intelligence more effectively, a late November regulatory filing shows.

The New York City-based firm, which also has a Miami office, plans to make control investments in lower-middle-market businesses as part of its "AI transformation" buyouts strategy. The name of the partnership is 25Madison Propel Fund LP.

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