AXA’s alternative investments arm has announced the appointment of a head of client group for Asia.
AXA IM Alts appoints Lu Gao head of client group alts Asia, according to a statement. Based in Singapore, he reports to global head of client group Florence Dard.
In his new role, Gao is tasked with working closely with all AXA IM Alts business lines to raise new capital in Asia, expand its third-party client base and maintain relationships with existing clients.
Gao has 15 years of experience in investor relations and institutional sales, most recently at Farallon Capital Management as its head of Asia investor relations. Previously, he also held senior positions at Goldman Sachs, Amundi Asset Management and Sculptor Capital.
Alternatives Business
Recently, AXA announced a reorganization of its alternatives unit into five dedicated business lines: real estate, infrastructure, alternative credit, natural capital & impact investments and chorus.
Globally, AXA IM Alts has 184 billion euros ($189 billion) of assets under management, including 88 billion euros in primarily private real estate, 85 billion euros of private debt and alternative credit, as well as 11 billion euros in infrastructure, private equity and hedge funds.
«The Asian market is more than ever key to AXA IM Alts’ ambitions to enter the next stage of growth,» Dard said.