- Fund Name: BNP Paribas CP European Special Opportunities Debt Fund
- Target size: €250 million
- Stage of Fundraising: Final close
- Target IRR: 9-12%
BNP Paribas Capital Partners held a final close of its European Special Opportunities Debt Fund on €134 million in early April, the manager announced Wednesday. The fund was targeting €250 million, PDI data show. Structured as a fund of debt funds, BNP’s vehicle commits to funds investing in both performing and non-performing debt and loans of mid-sized companies.
Investors in the fund include European family offices and institutions, the firm wrote in a statement.