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Institutional LPPuts its own capital into companiesLAST VERIFIED Oct 2026 · 7 SOURCES

BPCE Assurances

Wholly owned insurance subsidiary of Groupe BPCE

Also known as Natixis Assurances, BPCE Vie

Insurance subsidiary of Groupe BPCE (holding Natixis’s former insurance arm since 2022) with €114.7B of insurance investments (2025); €8.6B in unlisted funds in BPCE Vie’s euro funds; FSP shareholder.

HEADQUARTERS
Paris, France
FOUNDED
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
4 people

Focus

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

Overview

BPCE Assurances, wholly owned by BPCE, designs and manages life, savings, retirement, provident and non-life insurance for the Banque Populaire and Caisse d’Epargne networks; in 2022 Natixis’s insurance business (Natixis Assurances, renamed NA) was transferred to it and the holding took the BPCE Assurances name in October 2022. Its insurance investments totalled €114.7B at 31 December 2025. In the €60.7B euro-fund portfolio of its life company BPCE Vie, unlisted-asset funds (private debt, private equity, infrastructure) amounted to €8.6B (14%), and the group had €2.1B of uncalled commitments to FCPR and FCT funds at end-2025. BPCE Vie invested in both funds of the “Objectif Biodiversité” initiative, including the unlisted fund managed by Starquest x Montefiore launched in 2025.

PORTFOLIO (2)

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

People

  • Corinne Cipière
    Chief Executive Officer (Directrice générale) and Director · source
  • Jérôme Terpereau
    Chairman of the Board · source
  • Nathalie Broutèle
    Deputy CEO (Directrice générale adjointe) · source
  • Marion Dewagenaere
    Deputy CEO (Directrice générale adjointe) since April 2025 · source

Links

Frequently asked questions

BPCE Assurances is a institutional investor based in Paris, France.

Yes. BPCE Assurances invests its own capital in private companies. It also commits capital to third-party funds as an LP.

Key people at BPCE Assurances include Corinne Cipière (Chief Executive Officer (Directrice générale) and Director), Jérôme Terpereau (Chairman of the Board), Nathalie Broutèle (Deputy CEO (Directrice générale adjointe)) and Marion Dewagenaere (Deputy CEO (Directrice générale adjointe) since April 2025).

BPCE Assurances's investments include Objectif Biodiversité unlisted fund (Starquest x Montefiore) and Fonds Stratégique de Participations (FSP, managed by ISALT).

No. BPCE Assurances invests its own capital and does not raise money from outside investors.