Naxicap backs Primonial MBO

The private equity firm took a 25% stake in the new asset management company. Management retains the remaining 75%.

Both companies will spin off from BNP Paribas following the merger; Patrimoine Management & Associés was 56.1% owned by BNP Paribas Assurance, while BNP Paribas Investment Partners controlled 58.5% of Primonial FundQuest.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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