BNPP AM appoints Michel Fryszman as Head of Structured Finance within Private Debt & Real Assets Investment Group

January 25, 2018

BNP Paribas Asset Management (‘BNPP AM’) announces that it has appointed Michel Fryszman as Head of Structured Finance.  He joined on 15 January and is based in Paris.  He reports to Laurent Gueunier, Head of Real Assets, SME Lending & Structured Finance.

Michel’s appointment is the latest in a series of additions to BNPP AM’s Private Debt & Real Assets investment group, which was established in 2017 and manages EUR 7.7 billion, including more than EUR 1 billion in European securitisation funds.  In this role Michel will be responsible for the management of BNPP AM’s structured finance team, expanded to five professionals, and for the design and implementation of European private securitisation strategies and speciality finance assets including consumer loans, residential mortgage loans, trade finance and mortgage finance.

Michel’s professional experience spans mortgage finance, asset management and securitisation.  He joined from AXA Investment Managers where he had worked since 2005, initially as an ABS portfolio manager, before becoming Head of ABS Investments in 2008 and Head of Mortgages & Specialty Finance in 2014.  His previous roles include being a securitisation specialist at Groupe GTI and portfolio manager at Crédit Foncier.  He has also acted as a securitisation consultant to the World Bank.

Laurent Gueunier, Head of Real Assets, SME Lending and Structured Finance at BNP Paribas Asset Management, comments:

“We are very pleased to welcome Michel Fryszman to BNP Paribas Asset Management.  He has considerable industry experience covering a range of areas within structured finance and his securitisation expertise will be invaluable as we expand our capabilities in this area of the market.”

BNP Paribas Asset Management is the investment management arm of BNP Paribas, one of the world’s major financial institutions.  Managing and advising EUR 571 billion in assets as at 30 September 2017, BNP Paribas Asset Management offers a comprehensive range of active, passive and quantitative investment solutions covering a broad spectrum of asset classes and regions.  With more than 700 investment professionals and around 600 client servicing specialists, BNP Paribas Asset Management serves individual, corporate and institutional investors in 73 countries around the world.  Since 2002, BNP Paribas Asset Management has been a major player in sustainable and responsible investing.  For more information, please visit