AXA IM Alts says it plans to increase capital raising for both its infrastructure and debt strategies in 2023, as the business continues to respond to and match shifting investor requirements.
This reflects both the changing macroeconomic environment, as highlighted by higher interest rates, rising inflation and regulatory pressures on the central banks, as well as underlining AXA IM Alts’ agility in meeting investor needs throughout the investment cycle.
2022 was an active year for infrastructure, in terms of both capital raised and deployment, with strategic investments into one of the world’s largest offshore wind farms, Hornsea 2 in the United Kingdom, as well as lyntia Networks, a Spanish fiber business. AXA IM Alts raised €3.5 billion ($4 billion) of net new money for its infrastructure strategies, its fastest-growing business.
The firm says high investor demand is expected to continue throughout 2023. “With 40 percent of capital raised from outsid