AXA Private Equity Closes €353M Small Cap Buyout Fund

Jul 10 2007 | 10:07am ET

AXA Private Equity has held a final close of its AXA Expansion Fund II, small-cap buyout fund, at €353 million (US$480.9 million).

The new fund focuses on medium-sized companies—those valued at less than €100 million (US$136.3 million)—seeking a financial partner to boost growth. It has already committed over 14% of its total assets to companies including Synerlab, a French designer of pharmaceutical products; Flex Group, a German-based manufacturer of highly-engineered hand-held power tools; and Welcome Real-time, an international developer of payment software.

“With our team of 12 French, German and Italian small-cap buyout professionals, AXA Private Equity has a particularly strong position allowing us to identify and seize the best investment opportunities in the euro zone,” said Dominique Gaillard, a member of AXA Private Equity’s management board.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...