PRINT THIS PAGE AXA Private Equity to launch mezzanine fund of funds22/02/2005. Source: AltAssets. 
 French AXA Private Equity, a subsidiary of the AXA insurance group, is reportedly planning to launch a very large mezzanine fund of funds. The firm did not comment but sources close to AXA Private Equity said that a possible mezzanine fund of funds is currently being discussed, although no decision has been made yet.
AXA Private Equity has been very active in the past few months across the full range of its activities: funds of funds, direct funds and secondary funds.
Only a few days ago the firm announced that it had closed its AXA LBO Fund III on €500m after less than three months of fundraising. Last year, it raised two secondary funds, the second totalling around €1bn.
As regards investing, the firm bought a controlling interest in January in ready-to-wear clothing chain Camaïeu from the Torck and Giraud-Verspieren families for an undisclosed amount.
AXA Private Equity has offices in Paris, Frankfurt, London, New York and Singapore. The firm manages or advises funds with combined assets in excess of €7bn.
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