The Caisse de Dépôt du Québec and AXA Private Equity Join Forces to Support Businesses Expanding Abroad

The Caisse de dépôt et placement du Québec and AXA Private Equity entered into a partnership to better support Québec- and European-based businesses with international development prospects.
The agreement aims to contribute to the growth of businesses by placing practical tools at their disposal. It will allow the the Caisse and AXA Private Equity to share their market knowledge and networks in North America, Europe, Asia and the Middle-East with companies.
The partnership will lean on the expertise of both AXA Private Equity, a global private equity firm, and the Caisse, a financial institution managing funds primarily for public and private pension and insurance funds, to allow companies to join a global distribution network, search for suppliers, conclude a research and development joint venture, strike up an alliance with a foreign company, or take over an international competitor.
Commenting on the initiative, Normand Provost, Executive Vice-President Private Equity and Chief Operations Officer of the Caisse, said: “The partnership is part of our strategy to provide additional support to the best performing and most promising mid-sized Québec businesses in their international expansion.
“The Caisse’s role is not simply to offer financing to businesses, but also to contribute its expertise and networks.
“We are delighted that AXA Private Equity has agreed to allow Québec businesses to benefit from its international network, which is particularly far-reaching in Europe and Asia”, he added. 

Join the discussion