Dynamic Credit started in New York as a fixed-income asset management firm, extending our services with an advisory practice in the following years, eventually becoming a full-service asset manager and direct lender headquartered in Amsterdam. Dynamic Credit is organised along product lines: Multi Strategy Asset Management, Direct Lending Netherlands, and LoanClear. Within those product lines, our people tap into their expertise to service both investors and borrowers, and develop the software required to exceed expectations.
Key Functions (like legal, compliance, risk, talent management, finance, IT, office management) make sure the organisation can function and grow in the most optimal way. In 2022, BNP Paribas Asset Management (BNPP AM) became a majority shareholder, which allows Dynamic Credit access to a large and global distribution network. With the backing of a leading asset manager, Dynamic Credit can further build on its skillset in originating and managing loan portfolios, while significantly growing the asset base of BNPP AM.
During the global financial crisis in 2008-2009 Tonko advised the Dutch Central Bank and the Ministry of Finance on the solution for the US mortgage issues ING Bank was facing, giving the Dutch taxpayer a positive return of € 1.4 billion.
Frederik Roeskestraat 97-D
1076 EC Amsterdam
Dutch house prices appear to have bottomed out as they have risen consecutively over the last four months. Having bottomed out sooner than anticipated, and with the expectation of sustained nominal wage growth in the next year, limited supply of new builds, and stable mortgage rates, Dutch banks have revised their house price expectations for 2024 upwards into positive territory. Moreover, the NHG cap is set to increase to EUR 435,000, which is likely to sustain the NHG market share between 30-40% for the next year. This is further supported by first-time buyers acquiring vacant rental properties which shift to the owner-occupied market.