NN Investment Partners (prev. Delta Lloyd Asset Management)
Business:

Third biggest Dutch asset manager. € 55 b AUM

Key Business Objective:
Decide whether to spin off mezzanine team
Valery Capital’s Role:
Provided Strategic advisory to the board regarding market practice for independent team, regulation with AIFMD, manager incentives, valuation and governance of the new fund, keeping synergies with senior debt team
Added Value Solution:
Explained to the board requirements in terms of governance, track record, team for an independent structure as well as risks and costs.
Outcome:
Delta Lloyd decided to spin off the mezzanine team