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
As market expectations shift towards an end to rate hikes, swap rates have declined, leading to a reduction in mortgage rates with an average quarterly drop of 31 bps in 2023-Q4. This, paired with robust nominal wage growth, has prompted several financial institutions to revise their housing price projections for 2024 and 2025 upwards, forecasting an annual increase of just over 4.10%. Following the November elections, the informateur continues to navigate the formation of a new Dutch cabinet. To ensure the Netherlands is advancing towards climate neutrality by 2050, crucial decisions in climate and energy policy need to be made by the incoming cabinet. An independent report highlights key challenges to sustainability, such as grid congestion, labor shortages and the need for steadfast policy implementation, particularly in the build environment. Our report explores these issues in greater detail.