AXA IM Alts Establishes Abu Dhabi Office For Regional Expansion
French alternative investment management firm AXA IM Alts is set to open its first Middle East office in the Abu Dhabi Global Market (ADGM), as part of its regional expansion strategy.
The company, which manages $200 million in assets, has received financial services permission from the Financial Services Regulatory Authority (FSRA) to establish a category 4 license firm within ADGM.
Ammar Bukhamsin has been appointed to lead the local office and will also co-head the MENA Client Group with AXA-alum François Boissin, who will be based in Paris. Bukhamsin, who has held previous roles at Goldman Sachs, UBS, and Citi, will serve as the Senior Executive Officer of AXA IM Middle East.
The primary focus of the Abu Dhabi office will be capital raising across AXA IM Alts' private and alternative assets range.
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