Your partner for investments in real assets
A joint venture between KGAL and Zavarovalnica Triglav
Trigal Funds
We invest in high-quality commercial real estate across the Adria region
Trigal Renewables
We focus on essential infrastructure assets that provide predictable, long-term cash flows while supporting sustainable development in the region.
ALTERNATIVE INVESTMENT MANAGEMENT
Trigal Group is a regional investment platform focused on real estate and infrastructure across Slovenia, Croatia, Serbia, and North Macedonia.
The Group brings together specialized investment management expertise and deep regional insight to identify, develop and manage high-quality investment opportunities. Combining institutional discipline with a hands-on approach, we invest in assets with strong fundamentals and long-term growth potential. Our focus is on building resilient portfolios and creating sustainable value for our investors.
€
M+
Assets under management
+
m
2
Leasable area
Real Asset Exposure
Investments in commercial real estate and renewable infrastructure assets designed to generate stable income and long‑term capital preservation.
Capital Structure
Structured leverage and rigorous underwriting standards aligned with institutional governance frameworks.
Regional Expertise
Deep market expertise and on‑the‑ground presence across the Adria region, supporting disciplined sourcing and active asset management.
Real Estate
We invest in commercial and operational real estate, with a primary focus on office assets, complemented by investments in retail and mixed-use properties, as well as hospitality and development projects. Our approach emphasizes asset quality, strong location fundamentals, tenant and operator strength, and sustainable long-term income generation.
Renewables
We invest in contracted infrastructure projects, with a primary focus on renewable energy assets, complemented by investments in energy efficiency initiatives. Our approach emphasizes long-term contractual frameworks, counterparty strength, and predictable, sustainable income generation.
Why
Invest with
Trigal
Trigal Group brings institutional-grade governance and deep regional expertise to real estate and infrastructure investment across Adria Region.
- Joint venture of KGAL and ZAVAROVALNICA TRIGLAV
- Trigal Funds, d.o.o. — fully licensed Alternative Investment Fund Manager (AIFM), managing two real estate funds
- Conservative leverage and disciplined capital allocation
- Transparent reporting and structured processes
- Long-term focus on income stability and capital preservation
We align capital deployment with investor objectives through structured investment strategies and robust risk oversight.
The Team
Executive Leadership & Investment Team
Trigal’s investment platform is led by senior professionals with deep experience in regulated financial institutions and real asset investment management.
The team brings structured expertise in capital allocation, fund structuring, risk management, compliance and regulatory oversight, and portfolio governance, ensuring disciplined investment execution and robust governance across real estate and infrastructure strategies.
Our flagship real estate investment fund
Established in 2018, TRIGAL AIF SICAV-RAIF S.C.A., Regional Multi Asset Fund – Compartment 2 is a Luxembourg-based alternative investment fund.
The Fund focuses on high-quality, well-located real estate assets with resilient income potential and opportunities for long-term value creation, including selective repositioning. Trigal acts as Investment Advisor, providing regional expertise and strategic investment guidance. Closed to new investors, the Fund remains a key part of Trigal’s investment track record and reflects its long-term, fundamentals-driven investment approach. The Fund has a term ending on 31 October 2028, with an optional three-year extension.
€84.7M
AUM
12%
net IRR*
4.4%
CoC*
1.98
TVPI
* As of 30.06.2025, after management fees and after carry.
** Average cash on cash yield (distributed cash on invested amount) in the past 6 years.
For Investors
Trigal partners with institutional and qualified investors seeking stable income, capital preservation, and exposure to real assets in the Adria region.
Our fund structures are designed to provide:
- Income‑generating portfolios
- Conservative leverage
- Structured risk management
- Transparent reporting