AXA IM Alts Names New Heads for APAC and US Real Estate

In a strategic leadership reshuffle aimed at supercharging regional growth, AXA IM Alts has appointed two new heads for its real estate division in Asia Pacific and North America.

AXA IM Alts announced on Friday the appointment of Laurent Jacquemin as Head of North America and the promotion of Antoine Mesnage to Head of Asia Pacific real estate. These internal moves come as the firm positions itself for accelerated expansion across two of the world's most dynamic real estate markets.

Jacquemin, who previously led AXA IM Alts’ Asia Pacific strategy, will now be based in New York, heading a 60-strong team overseeing approximately $22 billion in North American real estate assets. He succeeds Steve McCarthy, who is retiring after nearly 13 years of leadership and a 35-year career in real estate investment management.

Proven Track Records, New Mandates

With over 25 years in the real estate industry and a strong track record in growing AXA IM Alts' Asia Pacific platform to over $8 billion (S$ 12 billion) in assets, Jacquemin is expected to bring strategic vision and continuity to the firm’s North American operations. His focus will span both equity and debt strategies, strengthening AXA IM Alts’ positioning in a critical region.

Antoine Mesnage, meanwhile, steps into the Asia Pacific leadership role while continuing as Head of Australia. Since joining AXA IM Alts in 2010, Mesnage has helped deepen the firm’s footprint in key markets and led its foray into the Australian residential sectors. He now takes charge of the entire 40-member Asia Pacific team.

About AXA IM Alts

With €186 billion (S$280 billion) in assets under management, including €81 billion (S$121 billion) in real estate, AXA IM Alts is a global force in alternative investments. The company employs over 980 professionals in 17 offices worldwide and serves over 640 clients. Its investment strategy is deeply integrated with ESG principles, focusing on decarbonisation, resilience, and building the infrastructure of tomorrow.

AXA IM Alts is a unit of AXA Investment Managers, itself part of the AXA Group, a global leader in insurance and asset management with nearly €879 billion in assets as of December 2024.