# GS Finances

GS Finances is a Multi Family Office based in Lucerne, Switzerland.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Lucerne, Switzerland
- **Region:** Europe
- **Address:** Hallwilerweg 5, 6003 Lucerne, Switzerland
- **Founded:** 2016
- **Assets under management:** Undisclosed
- **Website:** gs.finance
- **LinkedIn:** https://www.linkedin.com/company/gs-finances

## Regulatory record

- **Reports private funds:** No

## About

GS Finances was established in 2016 by Ivan Shabalov in Lucerne, Switzerland. The multi-family office manages capital originating from Pipe Innovation Technologies, an industrial firm Shabalov founded. Alla Y Alenikova holds the CEO and board roles. The firm allocates to venture capital, private equity, real estate, infrastructure, private credit and hedge funds. It also executes direct co-investments and secondaries. Confirmed investment stages include growth equity and IPO participation. Geographic reach covers Europe, North America, Asia, Africa, South America, the Middle East and Oceania. Ivan Shabalov heads the Russian Pipe Makers Association. No public AUM figure exists. The team maintains a commercial office in Lucerne and holds a residential property in Moscow. Adjacent interests include family art holdings and the Soaring vehicle. No operational events from the past 24 months appear in available records. The office structure centers on a single patriarch-founder relationship with direct family involvement in day-to-day management. This setup differs from standard multi-family offices that aggregate unrelated client mandates.

## Sectors

- ClimateTech
- FinTech
- Industrial Tech
- PropTech
- Real Estate

## People

- Alla Y Alenikova — Chief Executive Officer and Board Member
- Ivan Shabalov — Founder
- Pavel Shabalov — Family Member
- André Marcel Terlinden — Chairman of the Board
- Sergei Skatershchikov — Business Partner

## Questions

### Who runs investment decisions at GS Finances?

Alla Y Alenikova serves as CEO and board member. Ivan Shabalov founded the office and retains patriarch oversight. Pavel Shabalov participates in entity management.

### Does GS Finances participate in fund commitments or only direct deals?

The firm uses both fund commitments and direct co-investments or SPVs. Confirmed types include private equity, venture capital, infrastructure and secondaries.

### What investment stages does GS Finances typically target?

The office targets growth equity, venture capital and IPO opportunities. It also covers distressed situations and secondaries.

### How is GS Finances related to Pipe Innovation Technologies?

Ivan Shabalov founded both the office and Pipe Innovation Technologies. The family office manages assets generated by that industrial business.

## Related profiles

- [GSA](https://altss.com/profile/gsa)
- [GSK & Partners](https://altss.com/profile/gsk-partners)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/gs-finances

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