# Paval Holding

Paval Holding is a Single Family Office based in Bacau, Romania.

## Overview

- **Organization type:** Single Family Office
- **Headquarters:** Bacau, Romania
- **Region:** Europe
- **Address:** Bacau, Romania
- **Assets under management:** 2.9B (Altss estimate)
- **Website:** paval.com
- **LinkedIn:** https://www.linkedin.com/company/paval-holding

## Regulatory record

- **Reports private funds:** No

## About

Paval Holding functions as the single-family office for Dragos Paval and Adrian Paval, who hold 60 percent and 40 percent ownership respectively. The structure preserves family wealth through direct asset ownership rather than external fund commitments. Investment activity centers on real estate ownership and operation. Confirmed holdings include multiple Bucharest office buildings such as Bucharest Business Park, Campus 6.1, Dacia One and Orhideea Towers, plus The Office in Cluj-Napoca. Additional assets comprise Grand Hotel Gardone in Italy and Waldhaus Flims Wellness Resort in Switzerland. The firm also maintains two Embraer Phenom aircraft. Geographic exposure remains limited to Europe. Team oversight includes Vice President Karina Paval and Investment Committee member Adrian Fercu. No dated operational events from the last 24 months appear in available records. Adjacent vehicles or philanthropic structures receive no public detail beyond a single education foundation. Ownership concentration in two principals creates a direct decision chain without external limited partners or succession vehicles disclosed.

## Sectors

- Real Estate
- Private Equity
- ClimateTech
- Energy Transition & Renewables

## People

- Dragos Paval — Founder
- Adrian Paval — Founder
- Karina Paval — Vice President
- Adrian Fercu — Investment Committee Member

## Questions

### Who runs investment decisions at Paval Holding?

Dragos Paval and Adrian Paval control ownership and decisions as co-founders holding 60 percent and 40 percent stakes. Adrian Fercu sits on the Investment Committee. Karina Paval serves as Vice President.

### Does Paval Holding participate in fund commitments or only direct deals?

Available records show direct ownership of real estate assets and aircraft. No external fund commitments or fund-of-funds activity appear.

### What asset classes does Paval Holding hold?

Holdings center on commercial real estate in Romania and hospitality properties in Italy and Switzerland. The firm also owns two Embraer Phenom aircraft.

### Where does Paval Holding invest geographically?

All listed assets sit in Europe, with primary concentration in Romania and secondary positions in Italy and Switzerland.

### How is Paval Holding related to its portfolio companies?

The firm holds direct ownership of real estate assets and maintains board representation at Alro Slatina through family member Darius Paval.

## Related profiles

- [Tera Capital](https://altss.com/profile/tera-capital)
- [First Avenue Investment Counsel](https://altss.com/profile/first-avenue-investment-counsel)

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

Canonical page: https://altss.com/profile/paval-holding

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology