We are pleased to share that BNP Paribas’ Securities Services business has been named Administrator of the Year – Debt/Loan at Private Equity Wire’s European Credit Awards 2024. We would like to express our gratitude to the voters for their recognition, and to our clients for their continuing trust, as we remain committed to the development of our private capital franchise.
The Private Equity Wire European Credit Awards recognise excellence among private equity fund managers and service providers in Europe. For the service provider categories, the winning firms are based on a widespread survey of more than 100 credit fund managers and other key industry participants.
This award is a strong industry recognition of our expertise in the private debt space. Our flexible, multi-asset class, front-to-back administration offering — that allows managers to pivot into new markets and keep pace with investors’ shifting expectations — is a key differentiator to our clients.
Today, our clients entrust us with more than 2,850 funds, with an annual business growth of 22% on average since 2018. Our teams comprise nearly 900 private capital experts spanning across 15 operating locations and servicing USD 830 billion in assets (as of end of year 2023).
We are currently delivering a multi-year transformational plan to industrialise our business model and further strengthen our operational control framework. At BNP Paribas, we support clients through our integrated bank model, which combines a complete fund administration offering with automated cash operations and a full range of financing options. By leveraging the Bank’s unique capabilities, private capital managers can best support both their clients and their own needs in an increasingly competitive environment.
See the full list of winners on Private Equity Wire’s website.