Diversified private equity firm AXA Private Equity has appointed Benoît Verbrugghe as a member of its executive board.
Verbrugghe (pictured) will remain head of the New York office as AXA Private Equity continues to expand its business in North America.
Dominique Senequier, chief executive of AXA Private Equity, says: “We look forward to bringing Benoît’s insight and experience of the American market to the executive board. His elevation is also recognition of his significant contribution to the development of the firm’s deal-making and fund-raising capabilities. Benoît has led the development of the secondaries business across North America and asserted AXA Private Equity’s world leadership in the secondary fund of funds space.”
Verbrugghe joins the executive board alongside Senequier, Dominique Gaillard, managing director direct funds, Vincent Gombault, managing director funds of funds, and Stephan Illenberger, managing director.
Verbrugghe says: “Our team in New York has worked hard to grow our presence in the North American market. We aim to capitalise on the numerous opportunities we see to expand our offering and reach new investors across the continent.”
Verbrugghe has been at AXA Private Equity for 13 years, having joined the firm in 1999. He began his career at an M&A consulting firm. Since being appointed head of the New York office, he has overseen the growth of AXA Private Equity’s North American offering and presence in the region.