AS ALPPES Capital

AS ALPPES Capital is a first-generation family office established in 2019 by Aigars Kesenfelds, a prominent Latvian entrepreneur. The firm focuses on long-term investments in private and publicly listed companies, bonds, and alternative investment funds, aiming to build lasting value through strategic capital allocation. Its portfolio spans various sectors, including retail, consumer goods and services, leasing, consumer finance, e-commerce, real estate, forestry, renewable energy, and manufacturing. The firm's investment strategy is driven by its founder and Chairman of the Board, Aigars Kesenfelds, ensuring a clear vision and decisive capital allocation. The Supervisory Council provides strong oversight, upholding the highest standards of corporate governance, risk management, and regulatory compliance to safeguard long-term financial stability and sustainable growth. In 2024, AS ALPPES Capital reported a profit of €74.8 million, with equity standing at €143.9 million. The companies in which AS ALPPES Capital holds a direct or indirect leading ownership stake employ more than 5,000 people, of whom approximately 1,000 are based in Latvia. These companies generate a combined annual turnover exceeding €600 million and operate across more than 30 countries worldwide. In recent years, they have contributed, on average, over €25 million annually in taxes to the Latvian state budget. AS ALPPES Capital is a 100% owned company of Aigars Kesenfelds, a multi-sector entrepreneur.

Strong growth potential, Competitive advantages, Alignment with ALPPES Capital's strategic objectives