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Audax Strategic Capital Appoints Ralph Yang as Managing Director and Co-HeadAudax Strategic Capital ("ASC" or "Audax"), a provider of customized equity solutions and a core strategy within the Audax Private Equity platform, announced today the appointment of Ralph Yang as a Managing Director. Yang is joining from Blackstone, where he maintained a leadership role in the firm's Tactical Opportunities Group (Tac Opps). At Audax, he will be co-heading ASC's investment activity and operations, based in New York, alongside Managing Director Kumber Husain. "Ralph brings deep transaction experience, sharp discernment around the diverse capital needs in the marketplace, and a resourceful, creative approach to deliver capital solutions that can meet increasingly complex demands," noted David Wong, a Partner at Audax Private Equity. "His appointment reflects our investment in ASC to pursue the compelling and growing opportunity set in front of the business." Prior to joining Audax, Yang spent over a decade at Blackstone, most recently as a Managing Director in the Tac Opps group, Blackstone's opportunistic capital strategy, which is unconstrained by asset class, industry, sector, or security type. Yang had joined Blackstone from KKR and he began his career at Goldman Sachs. "I'm excited to join ASC at this pivotal point in the strategy's evolution," noted Ralph Yang. "In just a short period of time since the strategy's launch, ASC has assembled an incredible team, constructed a diverse and differentiated portfolio, and demonstrated the strategy's value proposition as a provider of flexible capital that can catalyze growth." ASC is currently investing out of its debut fund, which closed above target in 2025 and raised approximately $1.3 billion of total capital. ASC has completed ten non-control, equity investments across North Aerica and Europe and maintains an active pipeline of near-term opportunities, with two new investments under LOI and expected to close in the third quarter. "Ralph's addition is an important hire for the ASC strategy," noted Kumber Husain, Managing Director and Co-Head of Audax Strategic Capital. "Beyond helping to round out our leadership team, he brings an ability to identify and capture market opportunities." "Culturally and strategically, Ralph understands our mission," added Daniel Green, Managing Director and Head of ASC Europe. "He also has a track record of helping to develop high-performing teams and demonstrating the collaborative, value-added approach that we believe distinguishes ASC in the middle market. We couldn't be more excited to have him on board." Yang is based in ASC's New York office. The appointment became effective on August 3, 2026.
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