IPEM TV Global

Secondaries Key to Private Equity’s Liquidity Future

Pascal Christory, Global Head of Private Equity BNPP AM Alts & CEO BNPP AM Prime, in the IPEM TV Studio at IPEM Global 2026 in Paris

 

Key takeaways from this interview

01. A broad private-markets platform
BNP Paribas AM Alts combines European mid-market direct investing with primary funds, secondaries, co-investments, GP stakes, and NAV financing.

02. Secondaries address a lasting liquidity need
LP-led and GP-led transactions can help investors rebalance portfolios and provide liquidity while allowing GPs to continue building promising companies.

03. Growth priorities include European mid-market, infrastructure, and healthcare
The focus spans financing company expansion and M&A, digital and AI infrastructure, and healthcare innovation.

04. Co-investments offer diversification and efficient deployment
The Agility series targets 50–55 companies, draws on relationships with more than 350 GPs, and can offer faster deployment and favorable fee terms on originated deals.

 

Matt Robinson
Matt Robinson is Head of Content & IPEM Community. He is responsible for the content business, including event programming, insights and partnerships.