Global investment platform AXA Venture Partners has completed its management buyout from AXA and will rebrand to Atlantic Vantage Point (AVP). The firm, which was originally founded in 2016, will continue to work closely with AXA.
The company’s new brand identity was selected to mark continuity and emphasise AVP’s strong transatlantic presence with deep roots in both Europe and North America. According to a press statement, “it underscores its identity and capacity to serve ambitious entrepreneurs targeting these two key markets”.
Alongside completion of the MBO and the rebranding, the European Investment Fund (EIF) has joined AXA as an anchor investor in AVP and committed a significant investment in AVP Growth Fund I, making AVP the only transatlantic investment platform for technology investments selected by EIF.
The investment is part of the European Tech Champions Initiative (ETCI) that supports funds above €1bn investing in late-stage technology companies helping to build a world class European investment platform able to compete and partner with top-tier US investment platforms.