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LBP AM

LBP AM

Paris, France·Founded 1988·lbpam.com

LBP AM (La Banque Postale Asset Management) is a leading French multi-specialist asset manager and a joint venture majority-owned by La Banque Postale with a minority stake held by Aegon Asset Management. Its Real & Private Assets platform, now operating as LBP AM European Private Markets and led by Rene Kassis, has raised roughly 7 billion euros since 2012 across private corporate debt, infrastructure debt, infrastructure equity, real estate debt and private equity. The platform is a recognised European infrastructure debt lender and pioneered Europe's first climate impact infrastructure debt fund.

AUM
€3.9B
Funds
3
vintages 2019–2022
Portfolio
9
Exits
1

LBP AM is a Paris private equity firm with €3.9B AUM, 9 active companies and 1 exit.

Sector breakdown

10 companies
Energy
2 · 20%
Telecom
2 · 20%
Mobility
1 · 10%
ClimateTech
1 · 10%
Construction
1 · 10%
Business Services
1 · 10%
Industrials
1 · 10%
Real Estate
1 · 10%

Geography breakdown

3 geographies
France
8 · 80%
Italy
1 · 10%
Czech Republic
1 · 10%

Key facts

HQParis, France
Founded1988
Employees360+
Websitelbpam.com

Recent exits

LBP AM sold Industrial Heating Equipment Provider to Ambienta in 2024 after less than a year.

Coverage notes

3 funds tracked, 10 portfolio companies (9 active · 1 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund LBP AM has raised, with its portfolio companies. Hand-checked from public filings.

3 funds
LBPAM Infrastructure Debt Climate Impact FundClosed
Infrastructure2022€500M4 assets

Unrealized

4 held
CompanyEntry
French Biomass Cogeneration Plant
Energy · France
2022
Italian Greenfield Data Center
Telecom · Italy
2024
Neot Green Mobility
Mobility · France
2025
Voltalis
ClimateTech · France
2023
LBPAM Midcap Senior DebtClosed
Private Debt2022€135M3 assets1 exits

Unrealized

3 held
CompanyEntry
BatiBig
Construction · France
2022
French Heritage Restoration Company
Business Services · France
2023
Two Dominant Retail Parks (Greater Paris and Greater Lyon)
Real Estate · France
2024

Realized

1 exit
CompanyEntryExitTypeBuyerMOIC
Industrial Heating Equipment Provider
Industrials · France
20242024SecondaryAmbienta–
LBPAM European Responsible Infrastructure Debt FundClosed
Infrastructure2019€365M2 assets

Unrealized

2 held
CompanyEntry
Czech Photovoltaic Plants Portfolio
Energy · Czech Republic
2021
Fiber-to-the-Home Network Southern France
Telecom · France
2019

Frequently asked questions

How many portfolio companies does LBP AM have?
LBP AM has 9 active portfolio companies and 1 completed exit and 3 funds tracked on GP Intel.
Where is LBP AM headquartered?
LBP AM is headquartered in Paris, France.
What is LBP AM's assets under management?
LBP AM manages approximately €3.9B in assets under management.
When was LBP AM founded?
LBP AM was founded in 1988.
What sectors does LBP AM invest in?
LBP AM invests across Energy, Real Estate, Industrials, Financials.
What are LBP AM's recent exits?
Recent realized exits by LBP AM include: Industrial Heating Equipment Provider (2024) to Ambienta.
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Last updated July 2026 · Sourced from public filings · Report an issue