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Institutional LPAllocates capital directlyLAST VERIFIED Oct 2026 · 5 SOURCES

PRO BTP

Also known as Groupe PRO BTP, PRO BTP Groupe, SGAPS BTP

Paris social-protection group of the French construction sector. €16.4B of investments (2025); invests in unlisted infrastructure, health and PE funds and via its VC arm PRO BTP Innovation.

HEADQUARTERS
Paris, France
FOUNDED
1993
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
1 people

FOCUS

STAGES
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SECTORS
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ASSET MIX
Private equityVenture capitalReal estateImpact
GEOGRAPHY
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WHAT IT IS

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

  • PRO BTP Finance
    AMF-licensed portfolio management company managing most of the group’s financial assets (€14.46B at end 2025)
  • PRO BTP Innovation
    Venture-capital company (société de capital-risque) created to invest a €15M envelope in construction-tech, insurance and health start-ups

ABOUT

PRO BTP is the not-for-profit, jointly managed (paritaire) social-protection group of the French building and public-works sector, created in April 1993; its insurance entities include BTP-Prévoyance, SAF BTP Vie, SAF BTP IARD and Prodigéo Assurances under the SGAPS BTP. The SGAPS group’s investments were €16,447M at realisation value at end 2025, most of them managed by its asset manager PRO BTP Finance. By end 2025 it had €791M in unlisted assets on the energy and ecological transition and more than €469M in unlisted social and health assets, including health-focused funds, and €7M in private-equity funds for energy-transition companies. In 2018 it set up the venture company PRO BTP Innovation with a €15M envelope, and in 2025 it deployed €5M under the Objectif Biodiversité initiative.

PORTFOLIO (1)

  • Objectif Biodiversité (initiative de place Biodiversité) — €5M deployed in 2025
    Climate & Energy · since 2025

TEAM

  • Hervé Naerhuysen
    Directeur général du groupe PRO BTP · source

LINKS

FAQ

PRO BTP is a institutional investor based in Paris, France, founded in 1993.

Yes. PRO BTP invests directly in private companies. It also commits capital to third-party funds as an LP.

Key people at PRO BTP include Hervé Naerhuysen (Directeur général du groupe PRO BTP).

PRO BTP's investments include Objectif Biodiversité (initiative de place Biodiversité) — €5M deployed in 2025.

No. PRO BTP invests its own capital and does not raise money from outside investors.