AXA IM to increase private market offering with new business unit

AXA IM PRIvate Markets Enabler

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...