London, UK – 26 March 2018 – BNP Paribas today announced that it has recently appointed Bertrand Valet Head of Financial Sponsors Coverage for Continental Europe. Mr Valet is based in Paris but will spend a significant amount of his time working in London. He reports to James Seagrave, the Bank’s London-based, Global Head of Financial Sponsors Coverage.
Mr Valet has more than 25 years’ experience. He joined BNP Paribas from Bank of America Merrill Lynch after nine years with that firm, latterly as a managing director and head of France coverage in its EMEA financial sponsors team. In that role, Mr Valet managed relationships with private equity clients on a pan-European basis, including priority clients in London and Paris. He also led the dialogue with key private equity firms in the context of their investments in French leveraged buyouts. Mr Valet’s recent mandates include advising on the sale of French fashion group SMCP to Shandong Ruyi on behalf of KKR in 2016, and subsequently leading SMCP’s IPO on Euronext Paris in 2017. He also advised on the sale of Germany-headquartered, industrial packaging firm MAUSER to Stone Canyon on behalf of Clayton, Dubilier and Rice last year.
Prior to this, Mr Valet led the development of Bank of America Merrill Lynch’s financial sponsors and sovereign wealth fund activity in the Middle East and North Africa until 2011. Before Bank of America Merrill Lynch, Mr Valet spent almost a decade working for Morgan Stanley in London and Dubai, and also worked for Paribas in London for two years. He started his career at Paribas Technology in San Francisco which later became Partech Ventures.
“We are delighted that Bertrand has joined BNP Paribas. He brings a strong track record in the EMEA region and excellent experience of building and developing client relationships. His recruitment is part of our ongoing strategy to increase BNP Paribas’ impact and market share with financial sponsor clients” said Mr Seagrave.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the European leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
About BNP Paribas Corporate and Institutional Banking
Fully integrated in the BNP Paribas Group, BNP Paribas Corporate and Institutional Banking (CIB) (www.cib.bnpparibas.com) is a leading provider of solutions to two client franchises: corporates and institutionals, and operates across EMEA (Europe Middle East Africa), APAC (Asia Pacific) and the Americas. The bank is a global leader in Debt Capital Markets and Derivatives. It is a top European house in Equity Capital Markets and it has leading franchises in Specialized Financing. In Securities Services, it is a top five House worldwide. BNP Paribas CIB strives to service the global economy by providing solutions to its clients in financing (ECM, DCM, specialized financing), flow banking (trade finance and cash management), financial advisory (M&A, project finance), global markets (interest rates, credit, foreign exchange, equity derivatives), risk management, and securities services.