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BNP Paribas unveils pair of private debt strategies

Private debtBNP Paribas Asset Management has launched two private debt strategies: European Infra Debt and European Real Estate Debt. 

The launches, the company’s first in infrastructure debt and commercial property debt, are part of an initiative launched a year ago within private debt, which began with the creation of its private debt and real assets investment group. 

European Infra Debt invests in senior secured loans in Europe across sectors including transport, social infrastructure, telecoms, renewable energy, conventional energy and utilities. 

European Real Estate Debt targets a portfolio of senior secured loans in commercial real estate across the European market, including offices, retails, logistics, hotels, operating assets and non-standard assets.

Asset sourcing for both strategies is based on an open architecture model, investing through direct lending and bank partnerships, as well as leveraging the BNP Paribas Group’s leading infrastructure and real estate franchises. Both strategies use environmental, social and governance criteria in asset selection.

In 2017 the firm boosted its infrastructure debt and property debt teams with three additional hires, appointing Frédéric Soulié senior fund manager real estate debt in July and both Pauline Fiastre and Vincent Guillaume as senior fund managers for infrastructure debt in October.

David Bouchoucha, head of private debt and real assets, said: “Infrastructure and real estate debt have become an essential component of asset allocation for clients looking for stable income from long dated instruments.”

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