Skip to content
Institutional LPAllocates capital directlyLAST VERIFIED Oct 2026 · 8 SOURCES

BNP Paribas Cardif

Insurance subsidiary of BNP Paribas

Also known as Cardif, Cardif Assurance Vie, BNP Paribas Cardif SA

Insurance arm of BNP Paribas managing €302B of assets (2025); invests euro-fund assets in private equity, private debt and infrastructure funds; FSP shareholder.

HEADQUARTERS
Paris, France
FOUNDED
—
AUM
€302B (2025)
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
4 people

FOCUS

STAGES
—
SECTORS
—
ASSET MIX
Private equityPrivate creditReal estateImpact
GEOGRAPHY
EuropeFrance

WHAT IT IS

Institutional LP. Pension funds, endowments, foundations and sovereign funds that commit capital to funds and, sometimes, directly.

ABOUT

BNP Paribas Cardif is the insurance subsidiary of BNP Paribas, selling savings and protection products through more than 500 distribution partners in 30 countries. Its insurance business managed €302B of assets at 31 December 2025; its main French life company, Cardif Assurance Vie, held €194.6B (€122.2B in euro funds, €72.4B unit-linked), about 39% of it in investment funds. Its unlisted holdings include private debt, private equity and infrastructure funds, selected with ESG due diligence and side letters. It invested in the listed and the unlisted “Objectif Biodiversité” funds (the latter managed by Starquest, launched end-2025) and is a shareholder of the Fonds Stratégique de Participations.

PORTFOLIO (2)

  • Objectif Biodiversité unlisted fund (Starquest)NOTABLE
    Climate & Energy · since 2025
  • Fonds Stratégique de Participations (FSP, managed by ISALT)

TEAM

  • Pauline Leclerc-Glorieux
    Director and Chief Executive Officer (Directrice générale) · source
  • Renaud Dumora
    Chairman · source
  • Matthieu Bonte
    Global Chief Investment Officer · source
  • Nathalie Doré
    Head of Impact and Innovation · source

LINKS

FAQ

BNP Paribas Cardif is a institutional investor based in Paris, France.

Yes. BNP Paribas Cardif invests directly in private companies. It also commits capital to third-party funds as an LP.

Key people at BNP Paribas Cardif include Pauline Leclerc-Glorieux (Director and Chief Executive Officer (Directrice générale)), Renaud Dumora (Chairman), Matthieu Bonte (Global Chief Investment Officer) and Nathalie Doré (Head of Impact and Innovation).

BNP Paribas Cardif's investments include Objectif Biodiversité unlisted fund (Starquest) and Fonds Stratégique de Participations (FSP, managed by ISALT).

No. BNP Paribas Cardif invests its own capital and does not raise money from outside investors.