French buyout firm AXA Private Equity, which has seen its assets under management double to â¬14.2bn over two years, has concluded fundraising for its fourth buyout vehicle with â¬1.6bn ($2.5bn) in commitments.
The firm has already invested more than 25% of AXA LBO Fund IV, acquiring animal feed producer Diana Ingredients, chemicals group Unipex, and German games arcade manager Löwenplay.