AXA Picks EIM Vet To Lead Funds Of Funds

Oct 4 2011 | 2:20am ET

Insurance giant AXA has a new funds of hedge funds chief.

Francisco Arcilla was named global head of funds of hedge funds by AXA Investment Managers. He joins AXA IM from fund of funds EIM, where he was co-head of investments.

"Francisco’s extensive experience and knowledge of hedge fund strategies as well as his commercial acumen and technical skills will be invaluable to further developing the AXA FoHF business," AXA IM CEO Dominique Carrel-Billiard said. "He is a proven portfolio manager and I am confident that his leadership skills combined with his product and business vision will enable the acceleration of AXA FoHF’s growth trajectory."

Arcilla began his new job yesterday in London. He is charged with quickening the development of AXA's fund of funds platform, and will serve on AXA IM's executive committee.

AXA IM has some €4 billion in fund of funds assets under management.


In Depth

FINalternatives Survey: We Asked Investment Pros...

Apr 2 2016 | 9:42pm ET

The data from our annual reader survey continues to roll in and provide interesting...

Lifestyle

Point72's Cohen Donates $275M To Veterans Mental Health Network

Apr 6 2016 | 8:31pm ET

Billionaire hedge fund manager Steve Cohen has formed a non-profit aimed at treating...

Guest Contributor

Agecroft: Why NYCERS Should Reconsider Exiting All Hedge Funds

Apr 18 2016 | 5:51pm ET

The recent decision by the New York City Employment Retirement System to exit its...