Axa strengthens private equity board

The French insurer is acknowledging the importance of its private equity operations in pacific-asia region with the promotion of Christophe Florin, its local managing director.

AXA Private Equity has promoted Christophe Florin to its executive board.

Florin, currently managing director for Asia, joins Dominique Senequier, chief executive officer and chairman, Dominique Gaillard, managing director of direct funds, Vincent Gombault, managing director of funds of funds, and Stephan Illenberger, managing director for Germany.

On top of his responsibilities as head of operations in Asia, Florin will help define the worldwide strategy for AXA Private Equity. With its subsidiary in Singapore, AXA Private Equity has already invested more than €150 million euros in funds of funds.

Investments have been focussed on countries like Japan, China, India, Australia and Korea. The local team, including 6 staff members, has taken on the continued expansion of AXA Private Equity in the third largest market place for private equity.

Before joining AXA Private Equity in 1998, Florin began his career with Crédit National; he then moved to Gan specializing in private equity investments.
From 1995 to 1998, he worked for Développement et Partenariat.

AXA Private Equity manages or advises private equity funds with assets in excess of €8.5 billion for some of the world’s leading investors.