BNP Paribas Alt Investment Unit Expands

BNP Paribas Investment Partners’ alternative investment specialist Theam has boosted its expertise and capacity in alternative management.

BNP Paribas Investment Partners’ alternative investment specialist Theam has boosted its expertise and capacity in alternative management, HedgeWeek reports. The group has increased its stake in Innocap from 25 percent to 50 percent and has added three senior hedge fund experts. Innocap is the joint venture of Theam and the National Bank of Canada. Theam has also added three hedge fund investment experts, namely Eric Debonnet, Thierry de Rycke and David Gilleron. Debonnet will head the Paris-based hedge fund solutions team, whereas Rycke and Gilleron will be co-CIOs, responsible for all hedge fund investments.

Click here for the story from HedgeWeek.

Click here for additional coverage from FINalternatives.