BNP Paribas Principal Investments manages the Group’s portfolio of listed and unlisted investments and emerging market sovereign debt.
Listed Investment Management
The Listed Investment Management unit acquires and manages minority interests in listed companies on behalf of the Group. Investments are generally made in large caps and the portfolio comprises mostly French companies. The unit’s mission is to extract the greatest possible value from its assets over the medium-term.
Unlisted Investment Management
The Unlisted Investment Management unit manages the Group’s portfolio of interests in unlisted companies (direct and indirect through funds). It identifies and analyses investment opportunities, structures transactions, manages investments with a view to extracting value in the medium-term and organises the disposal of mature investments.
Emerging Market Sovereign Debt Management
The Sovereign Debt Management unit’s role is to:
- monitor, on the Group’s behalf, restructurings of emerging market sovereign debt in default or in difficulties; and take part in or chair specially-created credit committees (London Club Committees)
- manage the portfolio of emerging market sovereign debt housed in Principal Investments, with a view to extracting value in the medium-term