Six sectors where European pricing and structural growth meet.
Six sectors where European pricing and structural growth meet.
Six sectors where European pricing and structural growth meet.
Alpha Bulgaria deploys capital across the strategic sectors most closely aligned with its platform model. Through AIF Alpha Fund AD and direct subsidiary investments, the group targets opportunities where regulated infrastructure, long-term demand and European market integration create durable value.
Financial Institutions
Financial Institutions
Agricultural land, regulated plots, and residential, industrial and commercial space remain near historic lows in real terms. We target high-quality assets — including opportunities from distressed developers across Europe.
Financial Institutions
Agricultural land, regulated plots, and residential, industrial and commercial space remain near historic lows in real terms. We target high-quality assets — including opportunities from distressed developers across Europe.
Real Estate & Land
Real Estate & Land
South-East Europe combines a favourable climate with under-supplied coastline and mountain resorts. Spa and ski assets in established destinations offer durable, demand-led tourism exposure on a long-term horizon.
Real Estate & Land
Alpha targets real-estate and land opportunities where structural undervaluation meets clear development potential. The focus spans agricultural land, residential, commercial and industrial assets in Bulgaria and selected European markets.
Fixed Income
Fixed Income
Private and outsourced healthcare is consolidating across Europe as ageing populations strain public systems — a durable, demand-led theme with a long runway and defensive characteristics.
Fixed Income
Private and outsourced healthcare is consolidating across Europe as ageing populations strain public systems — a durable, demand-led theme with a long runway and defensive characteristics.
Data-Centre Infrastructure
Data-Centre Infrastructure
AIF Alpha Fund maintains the ability to invest in fixed-income instruments, providing yield stability and portfolio balance alongside the group’s growth-oriented positions in financial institutions, real assets and infrastructure.
Data-Centre Infrastructure
AIF Alpha Fund maintains the ability to invest in fixed-income instruments, providing yield stability and portfolio balance alongside the group’s growth-oriented positions in financial institutions, real assets and infrastructure.
Tokenized & Digital Finance
Tokenized & Digital Finance
Through Real Technologies AD, Alpha is expanding into regulated tokenization and digital-finance infrastructure. This pillar connects traditional financial instruments with blockchain-based issuance and settlement through compliant market rails.
Tokenized & Digital Finance
Through Real Technologies AD, Alpha is expanding into regulated tokenization and digital-finance infrastructure. This pillar connects traditional financial instruments with blockchain-based issuance and settlement through compliant market rails.
Renewable Energy
Renewable Energy
The European energy transition continues to create long-term investment opportunities. Alpha evaluates selective utility-scale and distributed renewable-energy projects that fit the platform’s risk-return criteria and regional investment strategy.
Renewable Energy
The European energy transition continues to create long-term investment opportunities. Alpha evaluates selective utility-scale and distributed renewable-energy projects that fit the platform’s risk-return criteria and regional investment strategy.
The companies behind Alpha’s platform.
The companies behind Alpha’s platform.
Alpha’s ecosystem connects capital deployment, licensed management, regulated execution, real-asset development and tokenized finance. Each company performs a defined role within the wider platform.
REGULATED INVESTMENT FUND
AIF Alpha Fund AD
AIF Alpha Fund AD is the group’s primary capital-deployment vehicle, investing across financial institutions, real estate, fixed income and renewable energy. The fund has invested approximately €4.37 million to acquire an 8.31% interest in Wiener Privatbank S.E. Alpha Bulgaria’s economic exposure to this holding is indirect, through its approximately 32% participation in AIF Alpha Fund.
LICENSED ALTERNATIVE INVESTMENT FUND MANAGER
Salomon Mayer 1772 AD
Salomon Mayer 1772 AD is the licensed alternative investment fund manager of AIF Alpha Fund, registered with the Bulgarian Financial Supervision Commission. The company provides regulated management of diversified investment portfolios and alternative funds within Alpha’s integrated capital chain.
LICENSED INVESTMENT INTERMEDIARY
Factori AD
Factori AD is an 83.65%-owned subsidiary and fully licensed Bulgarian investment intermediary providing brokerage, underwriting, custody and execution. It also acts as a sub-custodian of Bank of New York Mellon. In 2024, Factori reported €166 million in client assets and €309 million in total turnover.
TOKENIZED FINANCE INFRASTRUCTURE
Real Technologies AD
Real Technologies AD builds regulated infrastructure that brings financial instruments on-chain, with a committed transaction pipeline exceeding USD 100 million and a broader pipeline approaching USD 500 million.. Alpha Bulgaria holds a direct 32% interest and a further indirect interest of approximately 13.76%, representing a combined economic interest of approximately 45.76%.
REAL ASSETS & DIGITAL INFRASTRUCTURE
ENIT GmbH
ENIT GmbH is the vehicle through which Alpha is participating in the development of approximately 100,000 sq.m. of industrial land in Austria into data-centre infrastructure. Alpha Bulgaria holds a 59% interest in ENIT, with economic benefit accruing to Alpha from 1 January 2026.
XETRA DESIGNATED SPONSOR (PARTNER)
ODDO BHF
ODDO BHF is the Franco-German banking group engaged as designated sponsor for Alpha Bulgaria’s proposed XETRA secondary listing through EuroBridge, supporting preparations for orderly trading on the German market.
REGULATED INVESTMENT FUND
AIF Alpha Fund AD
LICENSED ALTERNATIVE INVESTMENT FUND MANAGER
Salomon Mayer 1772 AD
LICENSED INVESTMENT INTERMEDIARY
Factori AD
TOKENIZED FINANCE INFRASTRUCTURE
Real Technologies AD
REAL ASSETS & DIGITAL INFRASTRUCTURE
ENIT GmbH
XETRA DESIGNATED SPONSOR (PARTNER)
ODDO BHF
Explore the routes to public-market participation.
Explore the routes to public-market participation.
Alpha Bulgaria’s shares and warrants trade on the Bulgarian Stock Exchange, providing public-market exposure to the wider platform.
Explore the routes to public-market participation.
Alpha Bulgaria’s shares and warrants trade on the Bulgarian Stock Exchange, providing public-market exposure to the wider platform.
Explore the routes to public-market participation.
Alpha Bulgaria’s shares and warrants trade on the Bulgarian Stock Exchange, providing public-market exposure to the wider platform.
© 2026 Alpha Bulgaria. All rights reserved.
A publicly listed investment holding company compounding capital across South-East Europe.
133 Vitosha Blvd.,
Sofia 1408, Bulgaria
ISIN BG1100038097
This website is provided for information purposes only and does not constitute an offer, solicitation or recommendation to buy or sell any security, nor investment, legal or tax advice. Alpha Bulgaria is a public company listed on the Bulgarian Stock Exchange (ticker ALFB). The value of investments can fall as well as rise and past performance is not a reliable indicator of future results. Any forward-looking statements, including those regarding a prospective XETRA cross-listing, reflect current intentions and are subject to change. Any participation in capital increases, warrants or strategic placements is subject to applicable securities law and offered only to eligible investors where lawful. Prospective investors should rely on the company's official regulatory filings and seek independent advice.
© 2026 Alpha Bulgaria. All rights reserved.
A publicly listed investment holding company compounding capital across South-East Europe.
133 Vitosha Blvd.,
Sofia 1408, Bulgaria
ISIN BG1100038097
This website is provided for information purposes only and does not constitute an offer, solicitation or recommendation to buy or sell any security, nor investment, legal or tax advice. Alpha Bulgaria is a public company listed on the Bulgarian Stock Exchange (ticker ALFB). The value of investments can fall as well as rise and past performance is not a reliable indicator of future results. Any forward-looking statements, including those regarding a prospective XETRA cross-listing, reflect current intentions and are subject to change. Any participation in capital increases, warrants or strategic placements is subject to applicable securities law and offered only to eligible investors where lawful. Prospective investors should rely on the company's official regulatory filings and seek independent advice.
© 2026 Alpha Bulgaria. All rights reserved.
A publicly listed investment holding company compounding capital across South-East Europe.
133 Vitosha Blvd.,
Sofia 1408, Bulgaria
ISIN BG1100038097
This website is provided for information purposes only and does not constitute an offer, solicitation or recommendation to buy or sell any security, nor investment, legal or tax advice. Alpha Bulgaria is a public company listed on the Bulgarian Stock Exchange (ticker ALFB). The value of investments can fall as well as rise and past performance is not a reliable indicator of future results. Any forward-looking statements, including those regarding a prospective XETRA cross-listing, reflect current intentions and are subject to change. Any participation in capital increases, warrants or strategic placements is subject to applicable securities law and offered only to eligible investors where lawful. Prospective investors should rely on the company's official regulatory filings and seek independent advice.
© 2026 Alpha Bulgaria. All rights reserved.
A publicly listed investment holding company compounding capital across South-East Europe.
133 Vitosha Blvd.,
Sofia 1408, Bulgaria
ISIN BG1100038097
This website is provided for information purposes only and does not constitute an offer, solicitation or recommendation to buy or sell any security, nor investment, legal or tax advice. Alpha Bulgaria is a public company listed on the Bulgarian Stock Exchange (ticker ALFB). The value of investments can fall as well as rise and past performance is not a reliable indicator of future results. Any forward-looking statements, including those regarding a prospective XETRA cross-listing, reflect current intentions and are subject to change. Any participation in capital increases, warrants or strategic placements is subject to applicable securities law and offered only to eligible investors where lawful. Prospective investors should rely on the company's official regulatory filings and seek independent advice.