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BNP Paribas IP in joint tie-up with Northern Lights

BNP Paribas Investment Partners is launching a joint venture with Northern Lights Ventures, a US private equity firm focused on the institutional asset management industry.

Through the agreement the companies will look to identify, invest in, and support the growth of institutional investment firms primarily in the United States but also in Asia and Europe.

Under the terms set Northern Lights’ management will retain a large majority interest in the firm and BNPP IP will invest in Northern Lights’ private equity fund, Northern Lights Capital Partners.

BNPP IP US head Pierre Lapomme says: “Identifying and nurturing outstanding investment talent remains one of the greatest challenges facing our industry. Northern Lights has demonstrated a unique ability to do this successfully.”


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