
François Touati
Co-Head of Secured Finance
Investment managers
BNPP AM Alts is a leading global player in Alternative Credit with 110 dedicated investment professionals across Europe and the US, including proprietary credit analysis and trading1. Today BNPP AM Alts manages over €61bn1 across our Alternative credit platform1.
1. Source: BNPPAM Alts as at 30 September 2025
Strong experience in CLO investments
BNPP AM Alts is an experienced investor in CLOs with a long track record managing CLO investment strategies through credit cycles.
We have been investing in CLO tranches since inception of the market in 1999 and manage more than €27 billion in CLO tranches for our clients. Our teams benefit from the size and firepower of the group as well as state-of-the-art research and proprietary tools.
Our top-down and bottom-up approach is an essential part of BNPP AM Alts’ CLO portfolio construction and risk allocation, which we believe is crucial in the securitisation space. Asset selection is based on our team’s thorough credit assessment of each investment.
Our 20+ years’ experience in CLO investing has allowed the team to develop the necessary expertise, relationships and sourcing capabilities in various market constituents which we believe are key drivers to our success.
BNPP AM Alts has been the Investment Manager of Volta Finance Limited (“Volta”) since inception.
Information about BNP Paribas Asset Management is only informative. We do not guarantee the fact that staff remain employed by BNP Paribas Asset Management and exercise or continue to exercise in the Secured Finance team of BNP Paribas Asset Management.
Prioritising Environmental, Social & Governance (ESG) & Responsible Investing (RI)
As a company, BNPP AM Alts maintains an active dialogue with originators on climate change risks/ issues, requesting them to systematically comply with our exclusion policies (climate change, soft commodities, controversial weapons, palm oil and coal) and our ESG standards (tobacco, defence, UN global compact controversies and low ESG quality).
We use a proprietary ESG scoring framework for all our investments, where we analyse the jurisdiction, counterparty and the asset.
Being able to provide accurate ESG reporting to our clients, for example reporting on carbon footprints, is a strategic priority for the firm and BNPP AM Alts is developing its resources in investment platforms to accelerate this topic.
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