Isabelle Scemama, global head of AXA Alts IM, is to oversee more than €300 billion in alternative assets ahead of the legal merger between AXA Investment Managers (IM) and BNP Paribas Asset Management (BNPP AM), expected by the end of the year.
Scemama is part of “transitional leadership” announced today by AXA IM, which is now part of BNP Paribas Group, and BNPP AM, alongside Rob Gambi, who will lead the combined liquid investment capabilities across AXA IM Core and BNPP AM, in addition to his current role as global head of investments at BNPP AM.
Last year, BNP Paribas announced its intention to acquire AXA’s €844 billion investment management business. At the time, IPE Real Assets reported that the merger could see the creation of two enlarged real estate and infrastructure fund managers with assets under management (AUM) of €108 billion and €19.7 billion, respectively.
Source: realassets.ipe.com on 10 July 2025
https://realassets.ipe.com/news/scemama-to-lead-more-than-300bn-of-alternatives-in-axa-im-bnpp-am-merger/10131557.article