BNP Paribas Securities Services to acquire a stake in AssetMetrix.

BNP Paribas Securities Services, which operates as an investment management company, agreed to acquire a stake in AssetMetrix, an asset servicer for private capital investors. Financial terms were not disclosed. ”This marks a major milestone in the development of our offering to private capital clients, including direct fund managers, asset owners and private equity funds of funds, who need specialist tools to monitor their non-listed investments. With this partnership, we will be able to offer our clients powerful analytics and reporting for their investors via a dedicated and interactive web portal for real-time monitoring and live scenario analysis,” Laurent Durdilly, BNP Paribas Securities Services Private Capital Solutions Head.