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

Crédit Agricole Assurances

Insurance subsidiary of Crédit Agricole S.A.

Also known as Crédit Agricole Assurances S.A., CAA

Insurance arm of Crédit Agricole S.A. with €441.6B of insurance investments (2025); holds €11.8B of directly managed infrastructure and private equity and invests in PE funds.

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

Focus

STAGES
GrowthBuyout
ASSET MIX
Private equityDirect investmentsReal estateVenture capitalImpact
GEOGRAPHY
FranceEurope

Overview

Crédit Agricole Assurances groups the insurance businesses of Crédit Agricole S.A. (life, retirement, health, provident and property insurance, including Predica, Spirica and Crédit Agricole Assurances Retraite) and describes itself as the largest insurer in France. Its insurance investments totalled €441.6B at 31 December 2025, of which about 8% in private equity, infrastructure and alternatives. At end-2025 it managed directly €11.83B of unlisted assets (€11.16B infrastructure, €0.67B private equity) and its ESG report 2025 lists strategic stakes such as Clariane (26.03%) and Ramsay Générale de Santé (39.82%); other private equity is held through funds, partly managed by Amundi Private Equity Funds. In 2025 it launched the €100M Crédit Agricole Assurances Avenir et Territoires fund with IDIA Capital Investissement and co-sponsored the €300M CATI infrastructure debt fund managed by RGREEN INVEST.

PORTFOLIO (10)

  • Crédit Agricole Assurances Avenir et Territoires (IDIA Capital Investissement) — €100M initial capacityNOTABLE
    since 2025
  • Fonds Stratégique de Participations (FSP, managed by ISALT)NOTABLE
  • Clariane (26.03%, per ESG report 2025)NOTABLE
    HealthTech
  • Ramsay Générale de Santé (39.82%, per ESG report 2025)NOTABLE
  • CATI — Crédit Agricole Transition Infrastructure Debt Fund (RGREEN INVEST, €300M)
    Climate & Energy · since 2025
  • BREEGA Venture I FCPR (19% held by Crédit Agricole Assurances S.A., data at 31/12/2024)
    Software & SaaS
  • Amundi Private Equity Funds CAA 2011 FCPR
  • Bluevia (22.50%, Telefónica rural FTTH platform, Spain; per ESG report 2025)
  • Océinde Communication (24.30%, La Réunion FTTH; per ESG report 2025)
  • Semmaris (Rungis market operator)
    Food & Agriculture · since 2018

People

  • Nicolas Denis
    Chief Executive Officer (Directeur général) · source
  • Laure Lesme-Berthomieux
    Chair of the Board (Présidente) · source

Links

Frequently asked questions

Crédit Agricole Assurances is a institutional investor based in Paris, France.

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

Crédit Agricole Assurances invests at Growth and Buyout stages in HealthTech, Food & Agriculture, Climate & Energy and Industrial & Manufacturing.

Key people at Crédit Agricole Assurances include Nicolas Denis (Chief Executive Officer (Directeur général)) and Laure Lesme-Berthomieux (Chair of the Board (Présidente)).

Crédit Agricole Assurances's investments include Crédit Agricole Assurances Avenir et Territoires (IDIA Capital Investissement) — €100M initial capacity, Fonds Stratégique de Participations (FSP, managed by ISALT), Clariane (26.03%, per ESG report 2025), Ramsay Générale de Santé (39.82%, per ESG report 2025), CATI — Crédit Agricole Transition Infrastructure Debt Fund (RGREEN INVEST, €300M), BREEGA Venture I FCPR (19% held by Crédit Agricole Assurances S.A., data at 31/12/2024), Amundi Private Equity Funds CAA 2011 FCPR and Bluevia (22.50%, Telefónica rural FTTH platform, Spain; per ESG report 2025), among others.

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