The asset management arm of BNP Paribas and Orion Partners have announced a strategic partnership to develop new funds to meet growing client demand for Asia-focused alternative investments.
Under the terms of the transaction, BNPP IP through its alternative and incubation specialist BNP Paribas Capital Partners (BNPP CP) will acquire a minority stake in a new partnership based in Hong Kong.
Orion Partners will continue to operate under its existing leadership and remain independent in all its businesses and investment decisions.
New Products to follow
As a result of the new partnership BNPP CP and Orion Partners plan to develop and launch new funds to meet the growing client demand for Asia-focused alternative investment funds.
This is based on the belief that there is an opportunity to provide these various alternative investment products to retail and institutional investors throughout the world using BNPP IP’s highly-regarded platform and global distribution capabilities and Orion Partners’ local specialist expertise.
Broaden Exposure
«The partnership with Orion Partners provides us with an excellent opportunity to broaden our exposure to fast growing alternative investment opportunities in Asia, managed by a leading Asian-based and Asian-focused firm», said Gilles Guérin, CEO of BNPP CP.
