The private equity secondaries sector raised US$85 billion in 2023 and saw $111 billion of transaction volumes.
The acquisition also bolsters the firm’s presence in North America, including the US which is a key region for secondaries investing.
“We are delighted to join forces with W Capital Partners, which is well-established in the US and known for its strong expertise,” said Marco Morelli, executive chairman of AXA IM.
“We had identified GP-led and direct secondaries as a key strategy for our portfolio of private equity products and had been looking for an approach that would combine the right levels of creativity, valuation skills and structuring expertise,” added Pascal Christory, chief executive of AXA IM Prime.
Source: Funds Europe
Can’t stop reading? Read more
Rent the Runway cedes control to PE investors in $260m debt restructuring
Rent the Runway cedes control to PE investors in $260m debt restructuring Rent the Runway has...
Astorg expands Mid-Cap strategy with ATTIKON acquisition in Germany
Astorg expands Mid-Cap strategy with ATTIKON acquisition in Germany Astorg has agreed to acquire a...
Global giant Apollo to double India exposure amid $1tn infrastructure drive
Global giant Apollo to double India exposure amid $1tn infrastructure drive Apollo Global...