Isabelle Scemama
Isabelle Scemama is Global Head of AXA IM Alts. Isabelle oversees AXA IM’s €188bn alternative business unit, AXA IM Alts, which employs over 990 people located in 17 offices, serving the needs of more than 600 clients globally. Additionally, Isabelle will lead the combined alternatives capabilities across AXA IM Alts, AXA IM Prime, BNPP REIM and BNPP AM’s Private Assets, following the planned legal merger of BNPP AM, AXA IM and BNP Paribas Real Estate Investment Management (BNPP REIM) expected by the end of 2025. This combined structure brings together over €300 billion in alternatives AUM[1], across real estate, infrastructure, private debt & alternative credit and private equity, establishing the largest alternatives investment management platform in Europe.
In her role, she leads the definition and execution of AXA IM Alts global strategy as well as in the supervision of its day-to-day management. Isabelle also sits on AXA IM – Real Estate and Infrastructure Investment Committees and chairs the AXA IM Alts Management Board.
About AXA IM Alts
AXA IM Alts is a global leader in alternative investments with €188 billion of assets under management[1] comprising €82 billion of primarily private real estate, €96 billion of private debt and alternative credit, as well as €12 billion in Infrastructure and private equity. We take a 360° approach to real estate & infrastructure investing with over €126 billion of assets under management in direct opportunities, held indirectly through debt and listed equities and via long term private equity investments into operating platforms. ESG is fully integrated into our investment decision making processes with our responsible investment approach anchored by the three key pillars of decarbonisation, resilience and building tomorrow. AXA IM Alts employs 990+ people located in 17 offices around the world and serves the needs of 600+ clients from Europe, North America, Asia Pacific and Middle East. We are the number one property portfolio and asset manager in Europe, and one of the largest worldwide[2]. AXA IM Alts is a business unit of AXA Investment Managers. AXA Investment Managers is part of the BNP Paribas Group.
1 Source: AXA IM Alts data (unaudited) as of 30 June 2025.
2 Highest-ranked Real Estate Manager in the European Union in IPE’s Global Top 150 Real Estate Investment Managers, based on total value of real estate assets under management, November/December 2024. Ranked 10 globally.