At AXA IM our purpose, to act for human progress by investing for what matters, is central to every action we take as a business. As a responsible asset manager, we actively invest for the long-term to help our clients, our people and the world to prosper.As a future GP Stakes Investments Associate, you will report to the AXA IM Prime Head of GP Stakes Investments, and you will be part of AXA IM PRIME business unit.

AXA IM Prime is a Private Market Enabler and Hedge Funds platform offering diversified sources of private market returns across private equity, infrastructure equity, private debt, and hedge funds. With €30 billion of alternative investments under management and a team of seasoned investment professionals committed to proactive ESG and strict risk management criteria, AXA IM Prime is committed to transparency and reliability. The company manages €5 billion of commitments annually over the next three years and has 30+ employees across three offices. 

DISCOVER your opportunity 

Contribute to designing / executing the strategy to get exposure to minority stakes of GPs / Asset Managers through various routes (GP minority stake fund commitments, co-Investments, possibly direct investments, strategic partnerships)

As such, work on all value chain parts, ie. generate material dealflow (direct approaches, screening, business introducers etc.), analyze opportunities and build recommendations, support deal execution (on all routes above) and monitor and organize the support of these investments overtime (i.e. develop services to GPs in portfolio and ensure corresponding delivery). 

Your role and responsibilities will include:

Investment

• DefinitionAt this early stage of the creation of the business, the candidate will support the definition of the approach incl. portfolio construction and roadmap to buy indirectly (through funds) as well as directly minority equity interest in private market GPs incl. PE, Infra, PD, Real Estate, HFs 
• Market screening / dealflow buildingLeverage all the tools and databases available (market and internal data) to develop industrialized outside-in analysis to screen the market and support proactive GP approaches and proprietary deal flow generation (i.e. performance analysis, market positioning, fit with targeted portfolio construction etc.).Maintain relationships with Investment Banks and advisors to complement that dealflow

Execution

• Analyze in detail some of the opportunities received (financial and extra financial in-depth analysis), formulate recommendation (incl. future collaboration potential to support GP growth) and prepare corresponding supporting material. Organize and steer ad-hoc investment committees.For selected deals, lead due diligences and develop a comprehensive and in-depth assessment of the opportunity. Support negotiating the terms or lead the negotiation depending on the opportunity.
• Management of participations and Value creation

Monitoring

• Monitor closely the development of GPs in portfolio (i.e. financial trajectory vs. plan, specific events, strategic evolutions, etc.) and provide adequate reportingsParticipate in the administrative management of the commingled fund.Ensure AXA IM Prime interests are preserved.

Business service support to GPs in portfolio

• Identify key GP needs which could be supported by AXA IM Prime to accelerate their development and value creation.Support the creation and implementation of these services to GPs in portfolio. It will require connecting and partnering with affiliates / teams locates within AXA IM, AXA Group or potentially external ones. 

Fund raising

• Contribute to collecting 3rd party fund commitments for PRIMEs GP staking funds to be launched shortly (i.e. provide support to client meetings, develop / update with investor relation marketing materials etc.)

SHARE your unique expertise

 We welcome different combinations of skills & experiences.

 Your qualifications and experience

• Master’s degree in Finance / Economics or similar qualification
• + 3/4 years of experience in the financial sector in best-in-class institutions (e.g. in investment, M&A, consulting)
• Ideally proven success over several years in a leading role in GP stake investing incl. fund selection and DDs on GPs or similar M&A / Corporate Finance activities

 Your knowledges and skills

• Strong and sustained negotiation skills
• Deep understanding of asset management (in particular in private markets) / GPs perspectives
• Excellent verbal and written English communication skills Strong writing and presentation abilities
• Emphasis on quality of analysis for internal clients
• Excellent relationship management
• Proactive and entrepreneurial mindset with a strong “can do” mentality/willing to work as part of team and share success as a team effort
• Ability to think “out of the box” and work out innovative but economically feasible solutions, also under tight time constraints in a complex environment
• Insights and interest to anticipate future developments in the investment management industry
• Assertive and business solution/ outcome oriented while acting in a structured and focused way
• Good interpersonal / communication skills

We would love to know more about you. Let’s connect! Send us your resume.