BNP Boosts Alts. Group THEAM

Oct 4 2011 | 2:19am ET

A BNP Paribas alternative investments unit has installed a new leadership team and taken a larger stake in its joint-venture with National Bank of Canada.

THEAM has named Thierry de Rycke and David Gilleron co-chief investment officers for hedge funds and Eric Debonnet head of its Paris-based hedge fund solutions team. It also doubled its stake in Innocap Investment Management, which it co-owns with National Bank, to 50%.

"THEAM aims to become an international player in liquid and transparent alternative investments," CEO Gilles Guérin said.

"By hiring Eric Debonnet, Thierry de Rycke and David Gilleron, we further reinforce our manager selection and portfolio capabilities. THEAM's clients will strongly benefit from highly experienced people who have handled strategic positions in capital markets, asset management and hedge funds fields."

As for its larger stake in Innocap, Guérin said, "We believe that the expertise of THEAM's team combined with Innocap's great capabilities and proximity to North American-based hedge funds will enable us to reach our development goals and provide valuable services to BNP Paribas clients throughout the world."


In Depth

Q&A: Schroders’ Forest Discusses Multi-Asset Investments On Eve Of U.S. Launch

Jul 17 2014 | 8:05am ET

Global investment manager Schroders has $446 billion in assets under management, $...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note