France's BNP Paribas Asset Management is to buy a stake of between 10 to 20% in Finaltis, the Paris-based fund of hedge funds manager, acting on a decision to make private equity investments a priority for the bank this year.

France's BNP Paribas Asset Management is to buy a stake of between 10 to 20% in Finaltis, the Paris-based fund of hedge funds manager.