Axa Im Prime Expands Private Markets Investments

Axa IM Prime is expanding its private markets investments, a move that's likely to attract more institutional clients.

This expansion is driven by the increasing demand for private markets investments from institutional investors.

Axa IM Prime is well-positioned to capitalize on this trend, given its existing expertise in private markets.

The firm's private markets team has a proven track record of delivering strong returns for clients.

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Axa IM Prime has been expanding its private markets arm through strategic acquisitions.

The firm acquired a 20% stake in infrastructure lender Rivage, a European infrastructure direct lending and French public sector financing specialist.

AXA IM Prime has also committed to investing an unspecified amount in Rivage via its general partner (GP) stake strategy.

This investment will support Rivage's next phase of development and enable it to take advantage of significant market opportunities.

Rivage has over €7.7bn in committed capital under management.

AXA IM Prime has also acquired US-based private equity firm W Capital Management (WCP), which specialises in GP-led and direct secondary investments.

The acquisition will see WCP sit within AXA IM Prime's private markets arm, covering private equity, private debt, infrastructure, and hedge funds.

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AXA IM Prime has made a significant move by acquiring a 20% stake in Rivage Investment. This investment will support Rivage's next phase of development.

Rivage has over €7.7bn in committed capital under management. They specialize in European infrastructure direct lending and French public sector financing.

AXA IM Prime's investment will enable Rivage to take further advantage of the significant market opportunity to finance infrastructure, public sector, energy transition, and decarbonisation projects. This partnership also preserves Rivage's independence while helping them expand their investment solutions.

Gilles Dusaintpère, head of AXA IM Prime GP stake investments, is confident in Rivage's ability to expand and deliver differentiating performance and value proposition for its clients.

Axa Investment Managers has made a significant move in the private equity market by acquiring W Capital Management LLC, a US-based private equity firm.

The acquisition is expected to be completed in Q2, 2024, and will see WCP sit within Axa IM's private markets arm, Axa IM Prime.

Axa IM has committed US$200 million to WCP's secondaries investment strategy, a clear indication of the firm's confidence in the acquired company.

WCP specializes in GP-led and direct secondary investments, a key strategy for Axa IM's portfolio of private equity products.

Axa IM's executive chairman, Marco Morelli, expressed his delight at joining forces with WCP, citing the firm's strong expertise in the US market.

The acquisition bolsters Axa IM's presence in North America, a key region for secondaries investing.

AXA Group is a world leading insurer that has taken a significant interest in our initiatives. They've invested in most of our projects, which ensures a clear alignment of interests with our clients.

This partnership brings a level of expertise and resources that we wouldn't have access to otherwise. AXA Group's involvement helps us provide better services to our clients.

As a result of this partnership, our clients can be confident that their interests are aligned with ours. AXA Group's reputation and experience in the industry give us a competitive edge.

With AXA Group on board, we're able to offer more comprehensive and effective solutions to our clients. This is a major advantage in a competitive market.

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