How the assets of Bulgaria AIF Fund are allocated, updated every month.
Where the Fund’s assets are held, by market type: regulated market, BEAM growth market, unlisted private equity and cash.
“Regulated market” refers to instruments admitted to trading on the main market of the Bulgarian Stock Exchange (or an equivalent EU-regulated market). “BEAM” is the Bulgarian Stock Exchange’s alternative/growth market segment for smaller issuers, which is not classified as a regulated market under MiFID II. Origin BG EOOD is a private equity holding and is not publicly traded on any market.
Total portfolio value: €5,783,681.03. Hover any segment or holding for details.
Percentages show each position as a share of assets under management at the end of the latest month.
Select a security to see details about the issuer and the key terms.
First Investment Bank AD (Fibank) is the fifth-largest bank in Bulgaria by total assets, providing retail, corporate and SME banking services since 1993.
TBI Bank EAD is the 10th-largest bank in Bulgaria by assets, focused on consumer and SME finance across Bulgaria, Romania and Greece, and owned by Advent International.
ITF Group AD is a Bulgarian non-bank financial institution operating the consumer-lending brands smilecredit and GetCash, founded in 2012.
Bulgarian Energy Holding EAD is wholly owned by the Bulgarian state and is the country’s largest company by assets, generating roughly 58% of Bulgaria’s electricity through its subsidiaries.
Central Cooperative Bank AD is the 6th-largest bank in Bulgaria by assets, founded in 1991 with roots in the country’s cooperative movement.
Bulgarian American Credit Bank AD (BACB) is a publicly listed Bulgarian bank focused on small and medium-enterprise lending, founded in 1995. In January 2026, BACB acquired 100% of Tokuda Bank EAD from Japan’s Tokushukai Incorporated, growing its asset base and branch network.
Advance Terrafund ADSIC is a Bulgarian real estate investment trust and SOFIX index constituent, managing tens of thousands of hectares of agricultural land leased to Bulgarian farmers.
Origin BG EOOD is a Bulgarian professional-services and holding company spanning consulting, accounting and tax advisory, with expansion into financial-services advisory, retail and manufacturing investments.
Not publicly traded: this holding has no exchange listing.
Boleron AD is a Bulgarian digital insurance broker (InsurTech) that lets customers compare and buy insurance online, listed on the BEAM growth market.
Starcom Holding AD is a Bulgarian holding company and the majority shareholder of Eurohold Bulgaria AD, with a portfolio of financial and insurance businesses.
Elana Agrocredit JSC is a Bulgarian company whose shares are traded on the Bulgarian Stock Exchange.
* The Starcom Holdings JSC bond is floating-rate; the yield shown is the current coupon rate as of the most recent reset. Origin BG EOOD is a private equity holding and is not publicly traded on any market. Portfolio composition changes over time as the fund manager rebalances holdings. Figures are a snapshot at the end of the latest month and are for information only, not investment advice. Past performance does not guarantee future results, and the value of an investment can fall as well as rise.
Portfolio Structure – 30.09.2026137 KB, PDFPortfolio Structure – 31.08.2026136 KB, PDFPortfolio Structure – 31.07.2026136 KB, PDFPortfolio Structure – 30.06.2026134 KB, PDFPortfolio Structure – 31.05.2026133 KB, PDFPortfolio Structure – 30.04.2026130 KB, PDFPortfolio Structure – 31.03.2026131 KB, PDFPortfolio Structure – 28.02.2026131 KB, PDFPortfolio Structure – 31.01.2026128 KB, PDFPortfolio Structure – 31.12.2025112 KB, PDFPortfolio Structure – 30.11.2025116 KB, PDF
Our team will walk you through the fund, the Golden Visa route and the documents you need.
Fund updates, monthly reviews and announcements – straight to your inbox.