How Private Wealth is Reshaping Private Markets
Deborah Shire, Deputy Head BNPP AM Alts, was at FundForum 2026 to discuss the trends reshaping private markets for wealth investors.
"Scale is about access, not size. Greater scale means broader sourcing capabilities without compromising selectivity and discipline.
At the same time, the ecosystem is becoming increasingly interconnected, as new partnerships create a more integrated value chain: insurers provide long-term capital, banks contribute origination, wealth managers bring distribution and investor demand.
At the centre, alternative asset managers select, structure and manage investments".
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Edited by BNP PARIBAS ASSET MANAGEMENT Europe, a company incorporated under the laws of France, having its registered office located at 1 boulevard Haussmann - 75009 Paris, registered with the Paris Trade and Companies Register under number 319 378 832, and a Portfolio Management Company, holder of AMF approval no. GP 96002, issued on 19 April 1996.
AXA IM and BNPP AM are progressively merging
AXA IM and BNPP AM are progressively merging and streamlining our legal entities to create a unified structure
AXA Investment Managers joined BNP Paribas Group in July 2025. Following the merger of AXA Investment Managers Paris and BNP PARIBAS ASSET MANAGEMENT Europe and their respective holding companies on December 31, 2025, the combined company now operates under the BNP PARIBAS ASSET MANAGEMENT Europe name.