Former AXA private debt co-head joins Tikehau

The French manager has bolstered its ranks with two industry veterans, including former AXA PE private debt co-head Cécile Mayer-Levi.

Paris-headquartered Tikehau Group has made two senior hires, bringing in former head of AXA Private Equity 's private debt unit Cécile Mayer-Levi and ex-WCAS Fraser Sullivan Investment Management partner Patrick Marshall, according to a statement from the firm.  

The pair will report to Tikehau co-founder Mathieu Chabran. Mayer-Levi will be based in Paris, while Marshall will operate from the firm's London office.

Mayer-Levi has more than 26 years of corporate finance experience, beginning at Merrill Lynch and then French group ELIG. In 2001 she joined the mezzanine unit of Credit Lyonnais Private Equity, before moving to AXA Private Equity in 2005 where she launched and then lead the group's private debt unit.

Under her leadership, it expanded its offering beyond mezzanine to include unitranche investments. She led the largest unitranche deal in Europe, providing PAI Partners with a €220 million loan to finance its buyout of IPH.

She left AXA Private Equity in April, with her former co-head Olivier Berment taking over sole responsibility for the private debt group following her departure.  

Marshall has more than 17 years of experience in credit, risk management and loan portfolio management, including leveraged loans and distressed debt. Having begun his career at PwC, he moved to Société Générale and then NM Rothschild & Sons. In 2000 he moved to Lehman Brothers, later becoming a managing director and head of the bank's EMEA loan portfolio. In 2011, he joined WCAS Fraser Sullivan Investment Management as a partner.