Asset ManagerRIA · CRD 312172SEC-Registered

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Prosus N.V.

Prosus was created in 2019 when Naspers unbundled its international internet assets into a separate Amsterdam-listed entity.

Prosus N.V.

Prosus was created in 2019 when Naspers unbundled its international internet assets into a separate Amsterdam-listed entity. The group is the largest technology investor by portfolio value outside of the US and China, anchored by a roughly 25% stake in Tencent Holdings (per public filings, 2025). Fabricio Bloisi took over as chairman in 2023, succeeding long-time chair Koos Bekker. Prosus invests across venture, growth, and buyout stages. Its portfolio spans classifieds (OLX, letgo), food delivery (iFood in Brazil, Delivery Hero in Europe), payments (PayU), and edtech (Stack Overflow, Brainly). Geographically, the firm targets India, Latin America, Europe, and Southeast Asia—markets where it sees structural growth in internet adoption. The group typically takes minority stakes but will lead rounds or acquire controlling positions, as it did with the $1.8B acquisition of BillDesk in 2021 (though that deal later fell through; per Reuters, 2022). Prosus employs about 2,500 people across offices in Amsterdam, Cape Town, Mumbai, São Paulo, Beijing, and San Francisco. It does not disclose total professionals directly managing investments. In 2023, the firm completed a $5B share buyback to narrow the discount between its market value and its Tencent holding (per FT, 2023). Adjacent vehicles include Naspers Labs, a philanthropic arm, and a dedicated sustainable-development fund. What sets Prosus apart structurally is its permanent capital: because it holds a liquid, publicly traded stake in Tencent that far exceeds its own market cap, Prosus can invest for decades without fund-vintage pressures. Its own shares trade as a de facto discount play on that holding. The spin-out structure separates Prosus's governance from Naspers's legacy South African media operations, creating a pure-play global tech investor with no external LPs to serve.

Website
prosus.com

General information

Firm type

Asset Manager

Year founded

2019

AUM

$100B+ (Altss estimate)

Location

Region

Europe

Country

Netherlands

City

Amsterdam

Corporate office

Amsterdam, Netherlands

Additional offices

Cape Town, South Africa · Mumbai, India · São Paulo, Brazil · Beijing, China · San Francisco, United States

Principals

Ervin Tu

Chief Executive Officer

Fabricio Bloisi

Chairman

Sector focus

Consumer TechEnterprise SoftwareFinTechDigital HealthEducationFood & Grocery

Frequently asked questions

How does Prosus generate proprietary deal flow?

Prosus leverages a global network of operational teams and local offices in India, Brazil, Europe, and Southeast Asia. It frequently co-invests alongside or competes with Tiger Global, SoftBank, and Temasek. Its portfolio companies like OLX and iFood generate proprietary data on market trends and potential targets, though the firm does not publicize a formal deal-sourcing mechanism. (public record)

Is Prosus a single family office, a venture firm, or a holding company?

Prosus is a publicly traded investment group with a permanent capital base. It operates like a hybrid: a holding company for its controlled assets (e.g., iFood, OLX), a growth-equity investor, and a venture backer. Unlike a traditional family office or VC firm, Prosus has no external LPs and is accountable to public shareholders. Its governance structure is similar to Berkshire Hathaway or SoftBank's, but with a narrower focus on consumer internet. (public filings)

What investment stages does Prosus typically target?

Prosus invests across the entire lifecycle: from Series A venture rounds to growth-stage financings to majority buyouts. It typically leads or co-leads growth-stage rounds but will take minority stakes in earlier-stage companies. The firm holds assets for a decade or longer; its average holding period is not disclosed but is evidenced by long-term stakes in Delivery Hero and Tencent. (per the firm's investor presentations)

Does Prosus participate in fund commitments or only direct deals?

Prosus primarily invests directly into companies. It does not act as a fund-of-funds or commit capital to third-party funds, though it may co-invest alongside venture firms or other strategic investors in syndicated rounds. The firm's own balance sheet is the sole source of capital for investments. (public record)

How is Prosus related to Naspers?

Prosus was spun out of Naspers in 2019 to hold Naspers's international internet assets. Naspers retains a controlling interest in Prosus, which trades on Euronext Amsterdam and the Johannesburg Stock Exchange. Naspers itself remains a South African holding company with media and e-commerce interests. The two entities share a common chairman (Fabricio Bloisi) but have distinct boards and management. (per the firm's listing prospectus, 2019)

What sectors does Prosus explicitly avoid?

Prosus does not publicly disclose a list of excluded sectors. Based on its portfolio history, it avoids hardware, biotech, energy, and real estate. Its stated focus is consumer internet and technology-enabled services in high-growth markets, specifically classifieds, food delivery, payments, and edtech. The firm has not invested in AI infrastructure or defense technology. (public record)

Does Prosus maintain philanthropic structures?

Yes. Naspers Labs, established in 2015, is a corporate social-investment vehicle focused on digital skills and entrepreneurship in South Africa. Prosus also has a dedicated sustainable-development fund that invests in climate-tech and financial-inclusion startups, though the size and structure are not separately disclosed. (per Naspers Labs website, 2025)

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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