AXA IM to increase private market offering with new business unit

AXA IM PRIvate Markets Enabler

Kathleen Gallagher
clock • 1 min read
Marco Morelli is executive chairman of AXA IM
Image:

Marco Morelli is executive chairman of AXA IM

AXA IM is looking to create a new business unit, AXA IM PRIvate Markets Enabler, as it eyes up more private market products.

The new business unit would "gather indirect alternative investment expertise" such as primary and secondary private equity, infrastructure, general partnership minority stake, private debt and more. AXA Group said the current assets under management in this area stood at €20bn as at the end 2021, 12 of which were managed by AXA IM. Fidelity International expands private credit team The unit, which is shortened to be called AXA IM Prime, will be led by Pascal Christory, the AXA group chief investment officer. He will join the AXA IM management board and report to executive chai...

To continue reading this article...

Join Investment Week

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Alternatives

The Managed Funds Association has said that short selling could help reallocate $50-140bn of capital away from the most heavily polluting companies.

Shorting for ESG: Could liquid alternatives be part of the next wave of responsible investments?

An ongoing debate for the industry

clock 28 June 2022 • 7 min read
Ed Lavery of Similarweb

Alternative data is investors' ally against volatile markets

Don't get left behind

Ed Lavery
clock 22 June 2022 • 4 min read
Regulators have taken increasing note of stablecoins

Deciphering stablecoins: A financial stability risk?

Stablecoins have increasingly become part of the cryptocurrency ecosystem. Tether, the most popular stablecoin, is also the most traded cryptocurrency, with several billion dollars of it circulating daily.

Elliot Gulliver-Needham
clock 13 June 2022 • 6 min read
Trustpilot