Alternative investment manager AXA IM Alts has expanded its senior real estate team with three promotions.

Phillipe Grasser

Phillipe Grasser

Based in Frankfurt, Philippe Grasser is the new head of European transactions, reporting directly to John O’Driscoll, global co-head of real estate. In his new role, Grasser will contribute to the investment strategies for AXA IM Alts and its clients and will be a member of its Investment Committee. With over 30 years of experience in pan-European real estate and corporate finance, he joined AXA IM Alts in 2021.

While remaining a managing director for Germany, many of Grasser’s responsibilities for German activities will pass to Ulf Bachmann, who will become CEO for Germany, alongside his current role of chief transformation officer real estate, reporting to Isabelle Scemama and John O’Driscoll. Since joining AXA IM Alts in 2018, Bachmann has executed several critical transformation projects. He will also oversee the overall operation of the Alts business in Germany, devising and implementing the in-country strategic direction and further developing the AXA IM Alts’ platform.

Emilie Jaskula has been appointed to the newly created role of global head of offices within the asset management team. She has been at AXA IM Alts for almost twelve years, most recently as head of asset management for France. Jaskula will report to John O’Driscoll, working alongside Matthieu de Mallmann, global head of retail & healthcare; Thomas Karmann, global head of logistics; and Vincent Mezard, global head of hospitality.

Anne-Sophie Humblot-Christophe, the deputy head of asset management in France, will take over Jaskula’s prior responsibilities and replace her as head of asset management France.

John O’Driscoll, AXA IM Alts’ global co-head of real estate, commented: ‘We have a clear goal of becoming the indisputable leader in each of our key sectors and have the expertise and portfolio to allow us to achieve this. Today’s promotions reflect the deep pool of talent available to us across our organization, while underlining our belief that it is the scale of our specialist knowledge in our conviction sectors, both globally and within each of the local markets in which we operate, that both differentiates our offering and enables us to continue to achieve outstanding results for our clients. Philippe, Ulf and Emilie have a wealth of experience working in both asset management and transactions across Europe, and I look forward to working with them to continue to drive innovation and returns on behalf of our investors.’