Karen Azoulay is Head of Real Assets at BNP Paribas Asset Management. She was previously Head of Infrastructure Debt, joining the company in April 2017. She has over 20 years of experience in project and structured finance as advisor or lead arranger. She began her career at KPMG’s Bank & Finance division. She worked for Dexia, joining in 2003 and initially heading the project finance credit team for the energy sector, before joining the Project Finance team as Director for the energy and environment sectors. She was Head of Infrastructure at SCOR Investment Partners, where she implemented and developed SCOR’s infrastructure debt strategy and invested in infrastructure equity funds. Azoulay holds a Master’s degree in corporate finance & finance engineering from Paris-Dauphine University and is also a Certified Public Accountant.