Analysis
- BNP Paribas AM has successfully raised $722 million for its infrastructure secondaries fund.
- This marks a significant move by BNP Paribas AM into the infrastructure secondaries market.
- The firm is actively looking to establish a strong presence in this growing market segment.
- A second fund is expected to be launched in the coming months, indicating continued commitment to this strategy.
- The fund is managed by BNP Paribas AM's alternative assets subsidiary, which includes expertise from the former Axa IM Alts.