AXA #PrivateEquity Purchases OMERS’s Portfolio

French private equity fund of funds manager AXA Private Equity has bought a portfolio of private equity fund interests from Ontario Municipal Employees Retirement System (OMERS). 

The interests were put up for sale last month in a process run by UBS Investment Bank Private Funds Group, with OMERS said to have been keen for a quick completion. The $850mn portfolio consists mainly of North American and global funds, including those managed by Kohlberg Kravis Roberts, TPG, Apax Partners and Hellman & Friedman. 

OMERS plans to move away from fund investing and focus on direct investments; it is likely that it will bring further interests to market given this strategy and the size of its fund portfolio.

 READ MORE AS YOU ENTER THE WORLD OF @PREQIN benny quetell resilient media entertainment @resilient_ent private equity

RESILIENT MEDIA ENTERTAINMENT

#PRIVATEEQUITY #VENTURECAPITAL, #HEDGEFUNDS, #INVESTMENTBANKING & a few fun things as well. Check US OUT: http://on.fb.me/vch6FQ http://linkd.in/oiB29lhttp://on.fb.me/sdaWqc http://bit.ly/uhH9hQ http://bit.ly/trKLuj http://goo.gl/Q376nkeywords: #PrivateEquity, #HedgeFunds, #VentureCapital, #InvestmentBanking, #AlernativeAssets, #CapitalMarkets, #MergersAndAcquisitions, #WallStreet, #IPO #ResilientMediaEntertainment, #IPO, @Resilient_Ent, #Film, #Music, #VideoGaming, #Media, #Fashion, #TV, #Technology #JointVentures #FaceBook #Magazines #PublicRelations #Radio #WealthManagementtags: +PrivateEquity, +HedgeFunds, +VentureCapital, +InvestmentBanking, +AlernativeAssets, +CapitalMarkets, +MergersAndAcquisitions, +WallStreet, +IPO +ResilientMediaEntertainment, +IPO, +@Resilient_Ent, +Film, +Music, +VideoGaming, +Media, +Fashion, +TV, +Technology +JointVentures +FaceBook, +Magazines +PublicRelations,+Radio, +WealthManagement