BNP Paribas Asset Management (BNPP AM) has appointed Rodolphe Brumm to as the new Head of its Low Carbon Infrastructure Equity strategy, which is due to launch at the start of 2024 within the company’s Private Assets investment division.
The strategy will invest in low-carbon infrastructure projects in Europe through the acquisition of minority stakes in companies across various sectors related to the energy transition, such as the development of renewable energy projects, transport decarbonisation, circular economy and carbon capture.
Brumm, who reports to Karen Azoulay, Head of Real Assets within BNPP AM’s Private Assets division, is joined by Frédéric Guiraudios, who moves to BNPP AM after around 20 years in M&A as a Managing Director at BNP Paribas Corporate & Institutional Banking.
With more than 20 years’ experience in infrastructure private equity, Brumm joins BNPP AM after almost three years as a partner at Antin Infrastructure Partners, where he led several transactions within energy transition. His previous roles include Head of Origination & Execution for Europe at UBS Infrastructure Equity in London, Advisor at NextWorld Evergreen in San Francisco and Managing Director in Ardian’s equity infrastructure team.