New strategic partnership with AXA Investment Managers
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.