Launched European Infra Debt and European Real Estate Debt. : BNP Paribas Asset Management (BNPP AM) has established its first real estate debt and infrastructure debt funds, having hired three fund managers. In June last year, IPE Real Assets reported that BNPP AM had created a private debt and real assets investment group, bringing its real estate and infrastructure lending activities together with its wider private debt business. BNPP AM has now launched European Infra Debt and European Real Estate Debt, the company’s first funds for the asset classes.