Wendel announces today the closing of the acquisition of a controlling stake (56% of the capital) in Committed Advisors (“Committed Advisors” or “CA”) from its founding partners who also reinvested all of their net proceeds in Committed Advisors funds, as part of the transaction.
Founded in 2010, Committed Advisors is a global private investment firm focusing on the mid-market, providing a broad range of solutions to investors and general partners seeking liquidity solutions for their private equity assets. The firm, with its 55 professionals, manages €7.7 billion of private assets on behalf of third-party investors, and has completed over 250 transactions since inception.
For Wendel, this transaction constitutes a new milestone in its third-party asset management business, Wendel Investment Managers, which is aimed at generating additional sources of recurring income and intrinsic value creation. The remaining 44% of Committed Advisors’ share capital will be acquired by Wendel through subsequent transactions scheduled between 2029, 2032 and 2035, as described at the transaction announcement.
Furthermore, BNP Paribas Asset Management Alts (BNPP AM Alts), through its GP Stake investment strategy managed by the Prime unit [1] , for a diversified pool of investors, has announced the agreement to acquire a 5.9% stake in Committed Advisors from Wendel [2] . This investment reflects BNPP AM Alts’ strong conviction in the secondaries market, as well as the trusted and longstanding relationship between all parties. As a reminder, a similar (joint) operation was done back in March 2025 with Monroe Capital. [3] This new transaction is part of the ongoing active deployment of the BNPP AM Alts’ GP Stake strategy by its investment team, who currently manages €540 million [4] and who aims to identify blue-chip private market players to accompany them in their development through strategic and operational support.
With this partnership, Committed Advisors becomes the secondary market specialist within Wendel Investment Managers (Wendel’s asset management platform), which already covers buyout through IK Partners and private credit through Monroe Capital. Committed Advisors will benefit from the platform’s resources and support to consolidate its development and keep generating growth in a secondary market that has more than doubled in size since 2021. Following this transaction, Wendel Investment Managers is expected to manage over €49bn in Assets Under Management and to generate over €200 million in Fee Related Earnings on a pro forma basis in 2026 across private equity, private debt and private market solutions
Laurent Mignon, CEO of Wendel, said:
“ It’s a great privilege for Wendel to partner on the next chapter of Committed Advisors’ growth with such a renowned investor as BNPP AM Alts and its full ecosystem. Their commitment to our business will provide meaningful and stable capital to thoughtfully further scale our platform and better capture the attractive and expanding opportunity in middle market private markets”.
Gilles Dusaintpère, Head of GP Stake Investments at BNPP AM Alts said:
“We are delighted and enthusiastic to build on our long-standing relationship with Wendel to partner with Committed Advisors. As a minority shareholder, we will accompany Committed Advisors on its next stage of growth, leveraging its key position as a high-quality, leading secondary manager. This partnership underscores the strength of the franchise and reflects our strong conviction with regards to the broad development of the secondaries market across all its dimensions.”
Footnotes
- [1] Previously known as AXA IM PRIME, currently BNPP AM PRIME ↑
- [2] Post acquisition by BNPP AM alts, Wendel will own 50.1% of Committed Advisors ↑
- [3] See : Monroe Capital Completes Strategic Partnership with Wendel Group – Monroe Capital LLC ↑
- [4] See : BNP Paribas Asset Management Alts, through its PRIME unit, Announces c.€540 Million Final Close of First GP Stakes Fund ↑
