Alternative investments firm AXA IM Alts has launched a diversified evergreen private credit strategy.
This approach encompasses all aspects of private credit, ranging from direct lending to asset-backed financing, the company said.
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Designed specifically for the private wealth sector, it seeks to capitalise on yield advantages within private and alternative credit markets.
The strategy allocates investments across various asset classes, adapting to market trends, emerging opportunities, and liquidity constraints.
This marks AXA IM Alts’ second evergreen private credit strategy tailored for individual investors, building on its recent launch focused on direct lending.
The firm currently manages €186bn ($200.63bn) in assets.
AXA IM Alts is a business unit of AXA Investment Managers, which manages approximately €879bn in assets.
AXA IM Alts global head of alternative credit Christophe Fritsch said: “Private credit is a vital engine to finance our economy, be it through banks or non-bank lenders. The opportunity for investors today is the ability to access these loans that finance all areas of the economy.
“With over 20 years of expertise in private debt and alternative credit, and managing today over €93bn of assets, we have developed an investment approach cantered on selectivity and diversification, that is particularly relevant in the investment solutions we can provide to private wealth investors.”
The strategy is structured to minimise mark-to-market volatility by investing in private assets with low sensitivity to interest rate fluctuations.
It focuses on floating rate investments, aiming to deliver consistent long-term income while targeting potential net double-digit returns.
AXA IM Alts highlighted its foundation in private and alternative credit, leveraging a team of over 160 specialised investment professionals and managing more than €93bn in private debt and alternative credit assets.
