AXA Investment Managers to acquire Groupe Kley from Oaktree.

AXA Investment Managers, a global asset manager, agreed to acquire Groupe Kley, a fully integrated student housing and co-living operator, from Oaktree Capital Management. Financial terms were not disclosed. “We are looking forward to pursue our development with the support of AXA IM - Real Assets. Since the beginning of our story with Oaktree, we have continuously been thinking forward with the students’ needs at the heart of our strategy. AXA IM - Real Assets shares the same vision and our strong commitment to innovate and adapt their new ways of life,” Jean-Baptiste Mortier, CEO of Groupe Kley.