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BNP Paribas Asset Management completes acquisition of majority stake in Dynamic Credit Group
BNP Paribas Asset Management (‘BNPP AM’) announces that it has completed the acquisition of a majority stake in Dutch asset manager and specialist lender Dynamic Credit Group (‘DCG’). DCG will become part of BNPP AM’s Private Debt & Real Assets ('PDRA') investment division, bringing its total AUM to more than EUR 20 billion (as at 31 December 2021).