Fritz & Albert | Paris — Investment & Creation Fund by Pál Milkovics

    The Defiant Act of Imagination

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    About

    Fritz & Albert is a Paris-based investment fund founded by Pal Milkovics. We create and acquire businesses whose value is rooted in deeply human elements, rendering them inherently resilient to disruption from AI and automation.

    We are builders and active owners, committed to generating sustainable, compounding returns by building and shaping businesses to thrive and endure.

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

    Our Principles
    1

    Story

    Does the product, service, or asset have a genuine story?

    This may stem from the origin of the product, the history of an asset, or the founder's personal motivation and journey in building the business. We value authenticity that can be proven, respected, and carried forward.

    2

    Experience

    Does it deliver a great and genuinely useful experience?

    We focus on experiences that are joyful, warm, and human, marked by enthusiasm, clarity, and care. Whether physical or digital, the experience should leave users feeling understood, respected, and eager to return.

    3

    Value

    Does it offer clear, lasting, and monetary value to the customer?

    The product or service must justify its price through quality, durability, usefulness, and depth of experience, rather than low cost alone. We favor offerings positioned at the premium end of their categories, provided the value delivered is evident, defensible, and sustainable over time.

    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 character, history, or unrealized potential, where value is created through preservation, renovation, and thoughtful reuse.

    Current Portfolio