• AXA IM Alts
  • AXA IM Alts announces successful close of its eighth Regulatory Capital Fund
Press Release

AXA IM Alts announces successful close of its eighth Regulatory Capital Fund

  • 01 December 2021

AXA IM Alts, a global leader in alternative investments with c.€168 billion 1 of assets under management, announces the successful close of its Regulatory Capital Fund – Partner Capital Solutions VIII (‘the Fund’). The Fund has raised circa €1.2 billion and has been met with positive demand from institutional investors across Europe, underpinned by a thorough investment process and portfolio construction combining a bottom-up approach, with risk diversification benefits.

A Regulatory Capital transaction is a bilateral transaction with a bank seeking to improve its regulatory capital ratios, while continuing its commercial development. This type of transaction aims to provide the originating bank with a credit protection or a guarantee, on a portion of a selected loan portfolio, providing regulatory capital relief. The specialist investment strategy has seen continued growth following the Global Financial Crisis, as banks seek to increase and improve the quality of their capital base.

AXA IM Alts has a more than 20-year track record in Regulatory Capital (or Significant Risk Transfer) Solutions, with seven generations of funds and manages several billions in assets under management across its Regulatory Capital platform, on behalf of global institutional investors, benefitting from a long term and established relationship with banks.

Milan Stupar, Co-Head of Regulatory Capital & Specialty Finance at AXA IM Alts, commented: “The successful closing of our 8th Regulatory Capital Fund is a clear testament to both our global market leading position in Regulatory Capital Solutions and abundant market opportunities in today’s world. In the low interest environment, we see continued appetite from institutional investors for alternative sources of yield. Regulatory Capital solutions can help investors not only diversify an existing credit portfolio, providing exposure to underlying assets that are not available through the public markets, but also provide stable cash-flows, and solid, unlevered yields, capturing the liquidity and complexity premium.”  

AXA IM Alts’ Structured Finance, which manages over €54 billion in global assets across the non-traditional credit spectrum 2 , has provided for more than 20 years bespoke solutions and investments in alternative credit and structured finance for large investors. It originates opportunities across the alternative credit spectrum aiming to provide clients with opportunities for sourcing, diversification and spread pick-up.

- ENDS -

  • Source: AXA IM data (unaudited) as of 30 September 2021
  • Source: AXA IM data (unaudited) as of 30 September 2021

About AXA IM Alts 
AXA IM Alts is a global leader in alternative investments with €168 billion of assets under management 3 comprising  over €80 billion of primarily private real estate, c.€77 billion of private debt and alternative credit, as well as c.€11 billion in Infrastructure, private equity and hedge funds. We take a 360° approach to real assets (real estate & infrastructure) investing with over €113 billion of assets under management in direct opportunities, held indirectly through debt and listed equities and via long term private equity investments into operating platforms. ESG is fully integrated into our investment decision making processes with our responsible investment approach anchored by the three key pillars of decarbonisation, resilience and building tomorrow. AXA IM Alts employs over 750 people located in 16 offices around the world and serves the needs of more than 500 clients from Europe, North America, Asia Pacific and Middle East. We are the number one property portfolio and asset manager in Europe 4 , and one of the largest worldwide.  

About AXA Investment Managers 
AXA Investment Managers (AXA IM) is a responsible asset manager, actively investing for the long-term to help its clients, its people and the world to prosper. Our high conviction approach enables us to uncover what we believe to be the best global investment opportunities across alternative and traditional asset classes, managing approximately €879 billion in assets as at the end of September 2021. AXA IM is a leading investor in green, social and sustainable markets, managing €577 billion of ESG-integrated, sustainable and impact assets as at the end of September 2021. We are committed to reaching net zero greenhouse gas emissions by 2050 across all our assets, and integrating ESG principles into our business, from stock selection to our corporate actions and culture. Our goal is to provide clients with a true value responsible investment solution, while driving meaningful change for society and the environment. At end of June 2021, AXA IM employs over 2,488 employees around the world, operates out of 26 offices across 20 countries and is part of the AXA Group, a worldwide leader in insurance and asset management.

Visit our websites https://alts.axa-im.com and www.axa-im.com
Follow us on Twitter @AXAIMAlts and @AXAIM

  • Source: AXA IM data (unaudited). All figures as of 30 September 2021
  • Source: INREV Fund Manager Survey, June 2021. #1 largest European managers in total real estate assets under management
AXA IM Alts announces successful close of its eighth Regulatory Capital Fund
Download report (295.89 KB)

    Disclaimer

    This document is aimed solely at the media and is for information purposes only. The opinions expressed here are the views of the author and do not constitute investment advice. This is not a recommendation to purchase, sell or subscribe to financial instruments, an offer to sell investment funds or an offer of financial services. This press release is as dated. The contents do not necessarily represent the views of any company within the AXA Investment Managers Group and this statement does not entail any liability for any company with the AXA IM group that does not manage the fund. They may be subject to change without notice. This does not constitute a Financial Promotion as defined by the Financial Conduct Authority. This is for information purposes only. No financial decisions should be made on the basis of the information provided. Past performance is not necessarily representative of future results: performance is not constant over time and the value of investments may fall as well as rise.

    Not for Retail distribution: This document is intended exclusively for Professional, Institutional, Qualified or Wholesale Clients / Investors only, as defined by applicable local laws and regulation. Circulation must be restricted accordingly.
    This promotional communication does not constitute on the part of AXA Investment Managers a solicitation or investment, legal or tax advice. This material does not contain sufficient information to support an investment decision.
    Due to its simplification, this document is partial and opinions, estimates and forecasts herein are subjective and subject to change without notice. There is no guarantee forecasts made will come to pass. Data, figures, declarations, analysis, predictions and other information in this document is provided based on our state of knowledge at the time of creation of this document. Whilst every care is taken, no representation or warranty (including liability towards third parties), express or implied, is made as to the accuracy, reliability or completeness of the information contained herein. Reliance upon information in this material is at the sole discretion of the recipient. This material does not contain sufficient information to support an investment decision.
    Before making an investment, investors should read the relevant Prospectus and the Key Investor Information Document / scheme documents, which provide full product details including investment charges and risks. The information contained herein is not a substitute for those documents or for professional external advice.
    The products or strategies discussed in this document may not be registered nor available in your jurisdiction. Please check the countries of registration with the asset manager, or on the web site https://www.axa-im.com/en/registration-map, where a fund registration map is available.  Please note that the management company reserves the right, at any time, to no longer market the product(s) mentioned in this communication in the European Union country by notification to its authority of supervision in accordance with European passport rules. In particular units of the funds may not be offered, sold or delivered to U.S. Persons within the meaning of Regulation S of the U.S. Securities Act of 1933. The tax treatment relating to the holding, acquisition or disposal of shares or units in the fund depends on each investor’s tax status or treatment and may be subject to change. Any potential investor is strongly encouraged to seek advice from its own tax advisors. In the event of dissatisfaction with the products or services, you have the right to make a complaint either with the marketer or directly with the management company (more information on our complaints policy is available in English https://www.axa-im.com/important-information/comments-and-complaints). You also have the right to take legal or extra-judicial action at any time if you reside in one of the countries of the European Union. The European online dispute resolution platform allows you to enter a complaint form (https://ec.europa.eu/consumers/odr/main/index.cfm?event=main.home.chooseLanguage) and informs you, depending on your jurisdiction, about your means of redress (https://ec.europa.eu/consumers/odr/main/?event=main.adr.show2).

    Past performance is not a guide to current or future performance, and any performance or return data displayed does not take into account commissions and costs incurred when issuing or redeeming units. References to league tables and awards are not an indicator of future performance or places in league tables or awards and should not be construed as an endorsement of any AXA IM company or their products or services. Please refer to the websites of the sponsors/issuers for information regarding the criteria on which the awards/ratings are based. The value of investments, and the income from them, can fall as well as rise and investors may not get back the amount originally invested. Exchange-rate fluctuations may also affect the value of their investment.  Due to this and the initial charge that is usually made, an investment is not usually suitable as a short term holding.

    Issued in the UK by AXA Investment Managers UK Limited, which is authorised and regulated by the Financial Conduct Authority in the UK. Registered in England and Wales No: 01431068. Registered Office: 22 Bishopsgate London EC2N 4BQ
    In other jurisdictions, this document is issued by AXA Investment Managers SA’s affiliates in those countries.