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

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

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...