LBP AM European Private Markets: 
successful initial raise of EUR 235 million for its ELTIF 2.0 fund, LPBAM Private opportunities 

Since its launch in December 2024 , LBPAM Private Opportunities posted the significant inflows of EUR 235 million, supported by La Banque Postale group’s distribution network and CNP Assurances. The fund is now being onboarded by our third-party partners.

This success illustrates the attractiveness of LBPAM Private Opportunities¹ characteristics. The fund aims to offer investors privileged access to unlisted companies through a balanced, diversified private assets portfolio. The fund is now open for wider distribution: after an initial marketing phase within La Banque Postale group’s network, LBPAM Private Opportunities is now being onboarded with insurers, distributors of savings products and private bank partners in France and will be available across Europe by next year. 

The fund invests in several unlisted asset classes across Europe, including corporate private debt, private equity and infrastructure, equities and debt. The portfolio uses an open architecture approach, consisting of funds managed by recognised external asset management companies and by the LBP AM European Private Markets platform.

With the ELTIF 2.0 label² and classified as Article 8 under the SFDR³, the fund is in line with European initiatives aimed at facilitating the participation of retail and professional investors in financing the transformation of the real economy.

“The success of LBPAM Private Opportunities confirms the positioning of our turnkey solution, which offers investors optimum diversification and simplified access to private markets. Agility and the ability to combine different strategies and asset classes through unlisted assets are fundamental to efficient portfolio construction.

[1] Inception date: 17/12/2024

[2] European Regulation (EU) 2015/760 of 29 April 2015 on European long-term investment funds (ELTIFs) was amended from 10 January 2024. The introduction of ELTIF 2.0 makes the rules applicable to these funds more flexible, encouraging a wider range of eligible assets and making it easier for investors to access them.

[3] Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR) imposes transparency obligations on sustainable investment funds. Article 8 corresponds to funds declaring that they take social and/or environmental criteria into account.