Alternative credit
A leader with a long track record
Our approach
Leveraged loans
Most leveraged loans are secured loans issued to mid- to large-sized companies to support acquisitions and Leveraged Buy-Out (LBO) transactions.
Our strategy
The Leveraged Loans team has a track record of transactions spanning over 15 years. Our portfolio managers and sector analysts bring a wealth of experience from complementary sectors, including private equity, rating agencies, banking and asset management.
We have strong sourcing capabilities, thanks to our local presence and the relationships we have built in European and US markets. We are recognised for our expertise in credit analysis and portfolio construction, enabling clients to take advantage of the structural premium of secured finance assets and diversify their investments.
Collateralized Loan Obligations (CLO)
Investors in Collateralized Loan Obligations (CLO) receive scheduled debt payments from underlying corporate loans secured on assets such as real estate and industrial equipment.
Our strategy
AXA IM Alts is one of the most experienced non-bank CLO investors in Europe with a solid track record and over €21 billion1 in CLO assets under management. We have invested in CLO tranches since the inception of the market in 1999 and managed investment strategies through cycles.
Our global presence and scale are key to our success in sourcing opportunities, alongside our deep understanding of underlying asset classes and market dynamics.
- U291cmNlOiBBWEEgSU0gQWx0cyBhcyBhdCAzMXN0IERlY2VtYmVyIDIwMjE=
Asset-backed securities and mortgages
Asset-backed securities (ABS) offer significant diversification compared to traditional fixed income products such as government and corporate bonds.
Our strategy
We focus on direct investment in prime mortgages and loans and provide long-term, secured exposure designed to meet the needs of insurance companies and pension providers. Our award-winning investment team has a track record of over 15 years across multiple credit cycles.
Our robust process covers the full spectrum of the securitized universe including residential mortgage-backed securities (RMBS) and commercial mortgage-backed securities (CMBS).
Bank capital transactions
Investors can gain access to stable cash flows, via diversified credit risk exposures held on the banks’ balance sheets.
Our strategy
AXA IM Alts has longstanding expertise as a sponsor. Our Bank Capital strategy is supported by our stable management team, long-established relationships with banks and access to deals. We are recognised for our thorough investment process and our skills in portfolio construction, which combine a bottom-up approach with risk diversification.
Insurance-linked securities
Insurance-linked securities (ILS) are a way to transfer some insurance risks to capital markets. They provide insurers with a viable alternative to traditional reinsurance.
Our strategy
Building on our experience of pricing reinsurance contracts, AXA IM Alts takes a three-step approach to investing in insurance-linked securities. We carry out qualitative analysis of each instrument; perform quantitative analysis and risk modelling, and use sophisticated pricing models.
Direct lending
Direct lending helps drive growth in the real economy by providing essential capital to small and mid-sized companies.
Our strategy
Our strategy focuses on corporate lending, leveraging our deep sector expertise. With a strong presence in key regions, we are well-positioned to source opportunities and provide essential capital that drives economic growth.
Our 360° approach: investing in private debt
Explore our private debt platform
Find out moreOur ESG approach
Investable universe
We define the investable universe by limiting investments exposed to specific ESG risks. Our exclusion policies focus on climate, biodiversity and human rights.
ESG integration
Adopting a bottom-up approach ensures that ESG factors are integrated into investment decisions. We carry out ESG assessments,consider carbon emissions and labels, and evaluate alignment with UN Sustainable Development Goals (SDG).
Disclaimer