A portfolio of resilient, income-generating infrastructure assets
ESG integration and Solvency II friendly
A unique sourcing opportunity through BNP Paribas’ infrastructure franchise
We seek to provide a unique value addition to investors’ private debt allocations, achieved through a distinctive ability to originate assets through deep knowledge and a strong network, a disciplined investment process, and the capacity to customise our solutions to client needs.
Our Infrastructure Debt strategy follows a disciplined bottom-up process based on rigorous credit analysis and cash flow sustainability. Key steps include:
- Origination: opportunity sourcing using deep working relationships with key infrastructure players and privileged access to BNP Paribas Group’s origination channels, followed by rigorous credit and sustainability analysis
- Portfolio construction: Investment Committee approval and deal execution
- Continuous monitoring: portfolio monitoring and risk management
Team and resources
Our Infrastructure Debt team is based in Paris. Karen Azoulay, who has more than 21 years of industry experience, leads the team.
The team has extensive experience originating, structuring and managing infrastructure deals across multiple sectors. They benefit from access to our wider Private Debt and Real Assets (PDRA) investment group, global trading and risk management platform, Sustainability Centre, Quantitative Research Group, Macro Research team and BNP Paribas Group’s infrastructure franchise.
- Any views expressed here are those of the author as of the date of publication, are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may take different investment decisions for different clients. This material does not constitute investment advice.
- Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions).