AXA Private Equity has broken the 8.5 billion euro mark Paris, the 10th of May 2006

AXA Private Equity, one of the leading world players in all Private Equity activities, has just broken the 8.5 billion euro barrier in its fund management or investment advisory capacity, having recently raised three new funds:

• closing of its 550 million euro Co-Investment Fund, aimed at taking minority stakes in major LBO’s; this fund mostly focuses on European stakes but may also participate in North American stakes.
• launch of its Mezzanine activity through a fund raising in excess of 700 million euros, targeting direct investments, Co-Investment, syndication or other deal opportunities; several investments have already been realized amounting to 150 million euros.
• closing of the third generation Early Secondary Fund - AXA Early Secondary Fund III – for a total amount of 600 million euros.

As part of its international growth initiatives, AXA Private Equity is simultaneously converting the status of its London office into a limited company, namely AXA Private Equity UK Ltd and has recently inaugurated the opening of its new Singapore-based subsidiary. The latter is aimed at expanding its investments within the Asia-Pacific zone in the Fund of Funds and in direct investment activities , as well as creating close networking links with its Asian clients.

Strengthened by this growth, AXA Private Equity now directly present in the major international financial markets (Paris, London, Frankfurt, New York and Singapore), and covering the complete range of Private Equity activities is currently positioning  itself for 2007, another year that is earmarked for significant development.