BNP Paribas’s THEAM to boost investment in Asia-focused funds


THEAM, the fund management subsidiary of BNP Paribas, is looking to increase its investment in Asia-focused hedge funds substantially over the next two years.

Under head of alternative multi-manager Eric Debonnet – formerly of HDF – the goal is to have around 10% to 15% of its diversified fund of hedge funds invested with Asia specialists, ideally based in Asia. It currently runs over $1 billion across its fund of hedge fund portfolios and has plans to grow this aspect of its business substantially.

THEAM is targeting in particular long/short equity in Japan and the rest of Asia,