UPDATE 1-AXA private equity raises $8 bln for funds
Posted on June 18, 2012 at 04:10 AM EDT
LONDON, June 18 (Reuters) - AXA Private Equity has raised $8 billion for two of its funds, the company said on Monday, most of which it will use to take assets off the hands of banks cutting down their exposure in the face of rampant regulation.