Skip to main content
MENU
Subscribe
  • Subscribe
  • Account
  • LOGIN
  • Topics
    • Alternatives
    • Consultants
    • Coronavirus
    • Courts
    • Defined Contribution
    • ESG
    • ETFs
    • Hedge Funds
    • Industry Voices
    • Investing
    • Money Management
    • Opinion
    • Partner Content
    • Pension Funds
    • Private Equity
    • Real Estate
    • Russia-Ukraine War
    • SECURE Act 2.0
    • Special Reports
    • White Papers
  • Rankings & Awards
    • 1,000 Largest Retirement Plans
    • Top-Performing Managers
    • Largest Money Managers
    • DC Money Managers
    • DC Record Keepers
    • Largest Hedge Fund Managers
    • World's Largest Retirement Funds
    • Best Places to Work in Money Management
    • Excellence & Innovation Awards
    • Eddy Awards
  • ETFs
    • Latest ETF News
    • Fund Screener
    • Education Center
    • Equities
    • Fixed Income
    • Commodities
    • Actively Managed
    • Alternatives
    • ESG Rated
  • ESG
    • Latest ESG News
    • The Institutional Investor’s Guide to ESG Investing
    • Climate Change: The Inescapable Opportunity
    • Impact Investing
    • 2022 ESG Investing Conference
    • ESG Rated ETFs
  • Defined Contribution
    • Latest DC News
    • DC Money Manager Rankings
    • DC Record Keeper Rankings
    • Innovations in DC
    • Trends in DC: Focus on Retirement Income
    • 2022 Defined Contribution East Conference
    • 2022 DC Investment Lineup Conference
  • Searches & Hires
    • Latest Searches & Hires News
    • Searches & Hires Database
    • RFPs
  • Performance Data
    • P&I Research Center
    • Earnings Tracker
    • Endowment Returns Tracker
    • Corporate Pension Contribution Tracker
    • Pension Fund Returns Tracker
    • Pension Risk Transfer Database
    • Future of Investments Research Series
    • Charts & Infographics
    • Polls
  • Careers
  • Events
    • View All Conferences
    • View All Webinars
    • 2022 Innovation Investing Conference
    • 2022 Defined Contribution East Conference
    • 2022 ESG Investing Conference
    • 2022 DC Investment Lineup Conference
    • 2022 Alternatives Investing Conference
Breadcrumb
  1. Home
  2. MONEY MANAGEMENT
November 16, 2017 12:00 AM

BNP Paribas Asset Management takes 10% stake in alternative credit firm Caple

Sophie Baker
  • Tweet
  • Share
  • Share
  • Email
  • More
    Reprints Print

    BNP Paribas Asset Management took a 10% equity stake in alternative credit firm Caple.

    The acquisition has been made through BNP Paribas AM's incubation fund.

    Caple facilitates access to alternative credit for small and medium enterprises. The firm works with institutional investors to address funding gaps by offering finance to complement traditional bank loans, said a news release from BNP Paribas AM. Financing through Caple typically takes the form of unsecured five- to eight-year loans.

    The strategic partnership with Caple is part of the establishment of BNP Paribas AM's SME advanced solutions platform, a recent initiative within its private debt and real assets investment group. The platform, which is open architecture, will source loans across multiple origination channels in Europe, including banks and financial technology firms, and will distribute them to institutional investors.

    "This alliance combines the needs of BNP Paribas Asset Management's investors with Caple's expertise as an originator of SME loans," said Stephane Blanchoz, head of SME advanced solutions at BNP Paribas Asset Management, in the news release. "The trend towards disintermediation and the growing need for SME funding creates opportunities for lending platforms, such as SME advanced solutions, that can offer alternative credit as a complementary source of finance alongside traditional bank lending. Meanwhile, as institutional investors look to diversify their portfolios and generate higher levels of return than are available in public fixed-income markets, they are increasingly attracted to the enhanced yields potentially available from SME lending."

    A spokesman for BNP Paribas Asset Management said while the absolute financial amount related to the stake is not being disclosed, it is enough to support the further development of Caple’s existing operations in the U.K., Germany and the Netherlands.

    He said Caple originates loans via its network of accountants and advisers, who use the platform to pre-screen and build detailed funding proposals for their own SME clients. These loans will then be included in SME lending strategies that BNP Paribas AM will manage, which will be targeted at institutional investors. The relationship is mutually non-exclusive, giving both Caple and BNP Paribas AM the opportunity to work with other parties, added the spokesman.

    BNP Paribas AM has €571 billion ($666 billion) in assets under management and advisement.

    Related Articles
    BNP Paribas to pay $350 million to settle foreign-exchange manipulation charges
    BNP Paribas settles claims with Federal Reserve over FX trades
    BNP Paribas signs global head of sales, marketing unit
    BNP Paribas AM's Asia, emerging markets COO named Asia-Pacific deputy CEO
    BNP among firms said to be eyeing AXA Investment Managers tie-up
    White Mountains buys stake in Easterly Partners Group
    BNP Paribas recruits chief marketing officer, U.S. head of institutional busine…
    Guardian Capital Group buys majority stake in Alta Capital Management
    Recommended for You
    ONLINE_190409823_AR_0_IKORPGTOQWEM.jpg
    Fidelity AUM rises 9% in year ended March 31
    Baxter_Georgette_i.jpg
    RhumbLine selects client service-business development director
    Exchange_Traded_Funds_Tablet_i.jpg
    SEI joins ETF fray with U.S. large-cap stock funds
    OCIO, Anchor in Rough Seas
    Sponsored Content: OCIO, Anchor in Rough Seas

    Reader Poll

    May 9, 2022
    SEE MORE POLLS >
    Sponsored
    White Papers
    Are Factors a Thing of the Past?
    Q2 2022 Credit Outlook: Carry On
    Leverage does not equal risk
    Is there a mid-cap gap in your DC plan?
    Out of the Shadows: The Revolution in Shadow Accounting
    The pivotal role of fixed income markets in the ESG revolution
    View More
    Sponsored Content
    Partner Content
    The Industrialization of ESG Investment
    For institutional investors, ETFs can make meeting liquidity needs easier
    Gold: the most effective commodity investment
    2021 Investment Outlook | Investing Beyond the Pandemic: A Reset for Portfolios
    Ten ways retirement plan professionals add value to plan sponsors
    Gold: an efficient hedge
    View More
    E-MAIL NEWSLETTERS

    Sign up and get the best of News delivered straight to your email inbox, free of charge. Choose your news – we will deliver.

    Subscribe Today
    May 9, 2022 page one

    Get access to the news, research and analysis of events affecting the retirement and institutional money management businesses from a worldwide network of reporters and editors.

    Subscribe
    Connect With Us
    • RSS
    • Twitter
    • Facebook
    • LinkedIn

    Our Mission

    To consistently deliver news, research and analysis to the executives who manage the flow of funds in the institutional investment market.

    About Us

    Main Office
    685 Third Avenue
    Tenth Floor
    New York, NY 10017-4036

    Chicago Office
    130 E. Randolph St.
    Suite 3200
    Chicago, IL 60601

    Contact Us

    Careers at Crain

    About Pensions & Investments

     

    Advertising
    • Media Kit
    • P&I Content Solutions
    • P&I Careers | Post a Job
    • Reprints & Permissions
    Resources
    • Subscribe
    • Newsletters
    • FAQ
    • P&I Research Center
    • Site map
    • Staff Directory
    Legal
    • Privacy Policy
    • Terms and Conditions
    • Privacy Request
    Pensions & Investments
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Topics
      • Alternatives
      • Consultants
      • Coronavirus
      • Courts
      • Defined Contribution
      • ESG
      • ETFs
      • Hedge Funds
      • Industry Voices
      • Investing
      • Money Management
      • Opinion
      • Partner Content
      • Pension Funds
      • Private Equity
      • Real Estate
      • Russia-Ukraine War
      • SECURE Act 2.0
      • Special Reports
      • White Papers
    • Rankings & Awards
      • 1,000 Largest Retirement Plans
      • Top-Performing Managers
      • Largest Money Managers
      • DC Money Managers
      • DC Record Keepers
      • Largest Hedge Fund Managers
      • World's Largest Retirement Funds
      • Best Places to Work in Money Management
      • Excellence & Innovation Awards
      • Eddy Awards
    • ETFs
      • Latest ETF News
      • Fund Screener
      • Education Center
      • Equities
      • Fixed Income
      • Commodities
      • Actively Managed
      • Alternatives
      • ESG Rated
    • ESG
      • Latest ESG News
      • The Institutional Investor’s Guide to ESG Investing
      • Climate Change: The Inescapable Opportunity
      • Impact Investing
      • 2022 ESG Investing Conference
      • ESG Rated ETFs
    • Defined Contribution
      • Latest DC News
      • DC Money Manager Rankings
      • DC Record Keeper Rankings
      • Innovations in DC
      • Trends in DC: Focus on Retirement Income
      • 2022 Defined Contribution East Conference
      • 2022 DC Investment Lineup Conference
    • Searches & Hires
      • Latest Searches & Hires News
      • Searches & Hires Database
      • RFPs
    • Performance Data
      • P&I Research Center
      • Earnings Tracker
      • Endowment Returns Tracker
      • Corporate Pension Contribution Tracker
      • Pension Fund Returns Tracker
      • Pension Risk Transfer Database
      • Future of Investments Research Series
      • Charts & Infographics
      • Polls
    • Careers
    • Events
      • View All Conferences
      • View All Webinars
      • 2022 Innovation Investing Conference
      • 2022 Defined Contribution East Conference
      • 2022 ESG Investing Conference
      • 2022 DC Investment Lineup Conference
      • 2022 Alternatives Investing Conference