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AXA Private Equity has reportedly bought a US$1.9bn portfolio of private equity funds from Bank of America. Terms of the deal were not diclosed. The transaction, involving about 60 funds, would be the biggest ever on the secondary private equity market, the report stated. The deal follows AXA Private Equity's recent purchase of French bank Natixis's domestic private equity operations valued at around US$718mn. AXA Private Equity currently has US$25bn assets under management.
India Infoline News Service / 08:59, Sep 15, 2014
Many a times parents overlook other goals as they are too busy focusing on just one goal, that is on their child's education. They are too emotionally involved in achieving this particular goal that they forget planning for their retirement and saving for other emergencies.