Managers acquiesce on fees as small UK pensions seek private credit nest egg
Private credit fund managers are rejigging their fee structures in order to attract small UK pension schemes.

BNP Paribas AM set to launch Nest-like private credit offer to UK pensions
French manager BNP Paribas Asset Management is set to launch a diversified private credit fund for smaller UK pension funds over the first half of 2020, similar to the one it structured for the pension scheme Nest  

UK pension hires BNP Paribas AM for starring role in core-satellite private credit fund
UK pension fund Nest has appointed BNP Paribas Asset Management to run the core of a private credit fund, sources say, in an arrangement which sees Amundi and BlackRock manage certain satellite investments  

BNP Paribas AM hires Robeco investment specialist for quant strategies
BNP Paribas Asset Management has appointed Grégory Taïeb for the newly-created role of investment specialist within the firm’s multi-asset, quantitative and solutions investment group, which includes investments in credit.  

BNP Paribas Wealth appoints head of private equity and private debt investments
The appointment supports what the firm sees as "a significant pick up in clients’ appetite" for the asset classes

BNP Paribas Asset Management hires multi-strategy products head
BNP Paribas Asset Management has created a new position within its fixed income division

BNP Paribas' fund of fund platform holds first close on European mid-market strategy
BNP Paribas Asset Management's fund of fund business is targeting €250 million for a strategy which will allocate to "top tier" European mid market debt managers 

Neuberger Berman picks up fixed income investing team from BNP Paribas AM
Neuberger Berman has bolstered its European fixed income team with the appointment of six professionals from BNP Paribas AM

BNP Paribas AM launches UK SME direct lending fund
The new direct lending fund aims to disrupt a segment of the market that is underserved by asset managers and banks  

BNP Paribas AM enters into SME loan origination partnership with Code
BNP Paribas Asset Management has formed a strategic origination partnership with CODE Investing as part of its new SME Alternative Financing platform

BNPP AM produces its own Novo loan fund to target French mid market firms
BNP Paribas Asset Management has launched a new business loan fund, BNP Paribas Novo 2018, backed by the French Insurance Federation and French public sector investment fund.  

BNP Paribas AM rebrands structured credit funds
BNP Paribas Asset Management has renamed funds in its ABS Ucits range as part of a move to expand its private debt platform

BNPP AM establishes two new private debt strategies
BNP Paribas Asset Management establishes two new private debt strategies: European Infra Debt and European Real Estate Debt

BNP Paribas hires head of structured finance to asset management unit
BNP Paribas Asset Management this morning announced that Michel Fryszman has joined as head of structured finance

BNP Paribas AM launches emerging markets fixed income fund
BNP Paribas Asset Management has announced the launch of an emerging markets fixed income mutual fund – and says it plans to launch further mutual funds in the coming months

BNP Paribas launches corporate loan fund and appoints two analysts
The new vehicle, BNP Paribas Flexi III European Senior Corporate Loans, invests in senior secured corporate loans issued by primarily European borrowers

BNP Paribas acquires stake in SME credit specialist Caple
BNP Paribas Asset Management has acquired a 10% stake in Caple, which facilitates lending to small and mid-sized enterprises through a fintech platform

BNP Paribas Asset Management hires SME lending head
BNP Paribas Asset Management has announced that it has hired Ardian’s former head of US private debt as part of a new private debt and real assets investment group