Background

PEP European Investment S.à r.l. was incorporated in the Grand Duchy of Luxembourg on 28 May 2018. It is organised as a soparfi, investment holding company, the form Luxembourg law provides for companies whose activity is the holding and financing of participations.

The company’s purpose is the acquisition, holding, management and disposal of investments, participations and financial assets. In practice, this means it acquires interests it intends to keep, oversees them as a responsible proprietor, and parts with them only when doing so serves the long-term interest of the company.

It is not an adviser, a fund or a manager of third-party money. It is a holding company that commits and stewards its own capital, within a framework chosen for its stability and legal certainty.

History

From incorporation to today.

Since its incorporation in 2018, the company has been directed from its registered office in Luxembourg under the oversight of its appointed management. The present management is set out below, alongside the milestones that mark the company’s stewardship to date.

Current management

Alfonso Caci

Managing Director · in office since 2025

As Managing Director, Alfonso Caci is responsible for the conduct of the company’s affairs from its registered office in Luxembourg: its administration, the discharge of its statutory and regulatory obligations, and the oversight of the participations it holds, acting within the powers conferred by the company’s articles of association and Luxembourg law.

His mandate is one of stewardship rather than activity. In practice that means weighing each decision against the long-term interest of the company, maintaining the discipline and the records on which sound governance depends, and ensuring that the company meets its obligations to its counterparties and to the authorities with which it deals.

Under his direction, the company continues to act as a patient, long-term proprietor of the interests it holds. Its affairs are conducted quietly and deliberately, and to the standards of conduct and care expected of a Luxembourg holding company.

  1. 2018

    Incorporation

    Established in the Grand Duchy of Luxembourg as a SOPARFI holding company (RCS Luxembourg B225312), with its registered office at 16, Rue Eugène Ruppert.

  2. 2018–2024

    Stewardship

    The company has acted throughout as a long-term proprietor of the participations and financial assets it holds, conducting its affairs from its registered office in the City of Luxembourg.

  3. 2025

    Present management

    The current management took office during 2025, following a change of officers recorded with the Luxembourg Business Register on 14 April 2025.

Philosophy

The discipline of ownership is the discipline of restraint.

We begin from the assumption that most opportunities are best declined. The capital we hold is finite and the obligations of ownership are real, so we commit slowly, concentrate deliberately, and accept that patience will sometimes look like inactivity.

We do not measure ourselves against the cycle. We measure ourselves against the durability of what we hold and the soundness of the decisions that placed it there.

Corporate structure

A single legal entity, plainly recorded.

The company is constituted as a société à responsabilité limitée under Luxembourg law and is entered in the Luxembourg Trade and Companies Register. Its affairs are conducted from its registered office in the City of Luxembourg.

The particulars opposite are drawn from the company’s public record. Details of management and shareholding are available to counterparties and authorities in the proper course of business.

Statutory particulars

Legal form
Société à responsabilité limitée
RCS Luxembourg
B225312
Incorporated
28 May 2018
Share capital
EUR 25,409,811
Registered office
16, Rue Eugène Ruppert, L-2453 Luxembourg

Long-term perspective

Continuity is the asset we protect most carefully.

A holding company earns its standing slowly. Ours is organised so that decisions taken today remain sound when read years from now, through clear governance, careful records and a refusal to mistake activity for progress. The intention is simple: that the company should be as considered in a decade as it is today.