Fritz & Albert

    The Defiant Act of Imagination

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    About

    Fritz & Albert is a privately held family investment company managed by Pal Milkovics, focused on acquiring, investing in, and developing businesses across Europe.

    Originally established in Paris, we have opened our Berlin office and are relocating our headquarters to Berlin while maintaining our presence in the French capital. Our investment philosophy is guided by long-term ownership, entrepreneurial thinking, and responsible stewardship.

    To learn more about how we began, read our story.

    Our Principles
    1

    Long-term Ownership

    Can this business create lasting value?

    We invest with patience and conviction, looking beyond short-term results to a business’s underlying strengths, distinctive identity, and long-term potential.

    2

    Entrepreneurial Thinking

    Where can active ownership unlock potential?

    We seek opportunities where others see limitations. Working with management teams, we develop overlooked strengths, reposition assets, and turn potential into sustainable commercial value.

    3

    Responsible Stewardship

    Can we strengthen the business while preserving what makes it exceptional?

    We combine disciplined capital allocation with respect for the people, customers, and purpose of each business. Our role is to support sustainable profitability and build enduring partnerships.

    Investment Focus

    FMCG

    • • Ingredient transparency
    • • Health and longevity, for both human and pet products
    • • Ethical sourcing and consistent product quality

    Entertainment & Publishing

    • • Content creation and intellectual property
    • • Live events and audience-driven experiences
    • • Publishing, with an emphasis on editorial integrity, cultural relevance, and long-term value

    Real Estate

    Properties with sound fundamentals and unrealised potential, where thoughtful investment, renovation, and active management can create lasting value.

    Current Portfolio