LBP AM
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.
LBP AM is a Paris private equity firm with €3.9B AUM, 9 active companies and 1 exit.
Sector breakdown
10 companiesGeography breakdown
3 geographiesKey facts
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.
LBPAM Infrastructure Debt Climate Impact FundClosedInfrastructure2022€500M4 assetsInfrastructure2022 · 4yr€500M4–
Unrealized
4 held| Company | Entry |
|---|---|
| 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 DebtClosedPrivate Debt2022€135M3 assets1 exitsPrivate Debt2022 · 4yr€135M31
Unrealized
3 held| Company | Entry |
|---|---|
| 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| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Industrial Heating Equipment Provider Industrials · France | 2024 | 2024 | Secondary | Ambienta | – |
LBPAM European Responsible Infrastructure Debt FundClosedInfrastructure2019€365M2 assetsInfrastructure2019 · 7yr€365M2–
Unrealized
2 held| Company | Entry |
|---|---|
| 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.
Similar firms
Other private equity firms tracked on GP Intel.