Just closed: BNP Paribas raises €500m

The European Investment Fund is among investors in the vehicle.

BNP Paribas Investment Partners has held a first and final close for its European SME debt fund at €500 million. The vehicle finances small and medium sized enterprises in Europe through a combination of bank lending and fund financing.

BNP Paribas European SME Debt Fund attracted a number of European investors, including AG2R La Mondiale, BNP Paribas Cardif, CNP Assurances, l’ERAFP, Suravenir, La France Mutualiste, Groupama, MACIF, MAIF, Pensio B OFP and the European Investment Fund.