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BNP Paribas: acquisition of Dynamic Credit in the Netherlands

(CercleFinance.com) – BNP Paribas Asset Management indicates that it will take a majority stake in Dynamic Credit Group, a management company in the Netherlands with nine billion euros in assets, specializing in Dutch mortgages and granular loan portfolios.

This transaction will allow BNPP AM’s real assets and private debt business, which currently has € 11 billion in commitments to clients, to grow significantly, and for Dynamic Credit to access a large distribution network.

The acquisition of Dynamic Credit is part of BNPP AM’s strategy, which aims to accelerate the development of its investment platforms, particularly in the area of ​​private assets. The closing of this transaction is subject to regulatory approval.

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