SWITZERLAND - AXA Private Equity has opened an office in Zurich to strengthen its international presence and links with Switzerland-based AXA Wintherthur.
The office, managed by Martin Kessi, would oversee AXA Winterthur's existing portfolio of private equity investors, as well as provide additional services and customised products for Swiss private banks or family offices.
The company said it planned to operate in the secondary deals market in private equity portfolios held by large institutional investors.
This opening should allow AXA Private Equity to develop relationships with Swiss financial players.
AXA said it planned to build upon initial successes with private bank clients and the management of private equity investment mandates for family offices.
AXA Private Equity has offices in across Europe as well as New York and Singapore.
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