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BNP Paribas AM launches its second private equity fund from the Agility range
Investment Funds

BNP Paribas AM launches its second private equity fund from the Agility range

The objective of Agility 2 is to build a strong and diversified portfolio of between 30 and 50 minority investments in a wide range of sectors and with a pan-European focus.
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14 FEB, 2024

By RankiaPro Europe

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BNP Paribas AM has announced the launch of BNP Paribas Agility Co-Invest Fund 2 SLP («Agility 2»), a Fonds Professionnel Spécialisé (FPS) authorized by the French financial markets authority (Autorité des Marchés Financiers, AMF0). This is the second fund of the European private equity co-investment strategy of BNP Paribas AM following the launch of the BNP Paribas Asset Management Agility Fund, a co-investment fund with a volume of 739 million euros raised throughout 2020 and 2021.

The objective of Agility 2 is the construction of a solid and diversified portfolio of between 30 and 50 minority investments in a wide range of sectors and with a pan-European focus. The investments will take the form of co-investments, flex equity and operations led by a GP (general partner) and will range between 10 and 50 million euros each.

The Agility 2 fund, is now available in Spain for professional investors and will be managed by an experienced team of fifteen investment professionals located in Paris, Brussels and Madrid and will be based on a track record of fifteen years of experience in comprehensive analysis and selection of operations. It will also rely on the relationship of the BNP Paribas Asset Management private asset funds platform with 170 general partners («GP») and 15,000 million euros in managed assets (including advisory service) to originate co-investment opportunities with the best European GPs.

Fund Objective

Its objective is to reach a volume of between 700 and 900 million euros, and it will have an initial investment of 300 million euros from BNP Paribas. Agility 2 is classified as an article 8 fund according to the European Sustainable Finance Disclosure Regulation (SFDR).

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«The Agility 2 fund builds on the success of the first fund in the Agility range and will benefit from greater origination resources, thanks to the BNP Paribas Asset Management private asset funds platform, and better ESG competencies, with the support of our Sustainability Center. This new fund gives us a great opportunity to demonstrate our ability to achieve the best risk-adjusted return through diversification and portfolio construction to the Spanish client».

Sol Hurtado de Mendoza, General Manager of BNP Paribas AM for Spain and Portugal
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