BNP Paribas European SME Debt Fund

BNP Paribas European SME Debt Fund is a private debt vehicle pursuing a direct lending strategy, managed by BNP Paribas Asset Management and domiciled in France. The fund was launched in 2016 and reports in EUR. It is constituted as an ELTIF under the ELTIF 1.0 framework and operates within the FPS regime, a combination that restricts access to professional investors and keeps distribution within its home market rather than across the broader European retail channel.

Because it sits under ELTIF 1.0 rather than the later revision of the regime, the vehicle follows the earlier long-term fund rules, with capital committed for the duration of the lending programme and no standing redemption mechanism disclosed on this page; subscription, redemption, notice and valuation frequencies are not published for the fund, so investors should treat it as a locked-in, loan-origination exposure rather than a periodically dealing structure. Reported assets stand at , with the direction of travel shown by , and the underlying exposure is distributed according to , which positions the portfolio relative to other European small and mid-sized corporate lending programmes.

For context, the fund is one of 148 private debt funds in the Novantigo universe and one of 80 vehicles domiciled in France, narrowing to 19 funds that combine both characteristics, out of 494 funds covered in total. Figures and peer counts reflect data as of 31 Aug 2026.