AXA strengthens US IR team

Matt Holberton has left Ares to join French asset manager’s US capital-raising team in New York.

AXA Real Estate Investment Managers has strengthened its North American team with the appointment of Matt Holberton as a senior business development manager. The addition of Holberton, who started earlier this month, is in line with AXA Real Estate’s strategy to further expand its global presence.  

Based in AXA Real Estate’s New York office, Holberton works with Elizabeth Behnke, US head of sales and investor relations, and Theo Dunoyer, director of marketing and investor relations. Together, the team is responsible for all marketing, capital-raising and investor relations activities in the US. In addition, the trio is charged with ensuring that the business continues to expand its domestic presence and investor base while remaining at the forefront of deploying US capital throughout Europe.

“In working towards our strategic goal of being a global investment manager, we have made significant progress in growing our operations in the US and becoming a partner of choice for an increasing number of global real estate investors,” said Olivier Thoral, AXA Real Estate’s head of North America, in a statement. “Matt’s proven track record and expertise in investor relations and marketing will significantly strengthen our team in the US and ensure we continue to expand our investor base and receive recognition from world-class institutions.”

Prior to joining AXA Real Estate, Holberton was with Ares Management, which acquired AREA Property Partners in 2013. At Ares, he was responsible for marketing, capital-raising and investor relations activities for the firm’s real estate investment programs. During his 15 years of experience, he also has held the position of principal of Allied Realty, a fully integrated multifamily real estate investment firm; chief operating officer at St. Charles Town, a US-based development and property management firm; and managing director at Black Creek Capital, a real estate private equity firm operating in the US and Mexico. 

AXA Real Estate is one of the world’s largest real estate portfolio and asset managers, with more than €52 billion of assets under management as of June 2014. In the latest of a number of North American mandates, the firm was awarded a €135 million mandate from the Teacher Retirement System of Texas for value-added investment opportunities in Europe.