AXA Raises US$2.4B Buyout Fund

Jun 5 2008 | 11:06am ET

AXA Private Equity has raised €1.6 billion (US$2.4 billion) for its mid-cap AXA LBO Fund IV, which will invest in buyouts in France, Germany and Italy.

The firm said the fund is focusing on companies with an enterprise value in the region of €100 million (US$154 million) to €2 billion (US$3 billion) and that it has already put 25% of the capital to work in three deals.

AXA PE was founded in 1996 and is an affiliate of insurance giant AXA Group.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...