We are pleased to announce our strategic partnership with AXA Investment Managers (“AXA IM”) on the Revolving Credit Facility strategy (“RCF”).

After identifying this compelling investment opportunity about a year ago with a few investors among the InPact Consortium, we ran a rigorous and collaborative selection process in Q3 and Q4 2019, which led to the selection of AXA IM to manage a dedicated portfolio for our Consortium of investors.

In Q1 2020, AXA IM and InPact Partners signed a strategic partnership on the RCF investment strategy with the objective to deploy several vintage programs in the next 5 years.

The first vintage of the AXA IM InMotion RCF strategy was launched recently with a target size of €500 million. The initial commitments came from 5 institutional investors, that should be joined by a few additional institutional investors in the coming months.

The strategy will be deployed in Revolving Credit Facilities sourced from top-tier banks, with a core focus on defensive and resilient European corporates.