Lagfin S.C.A. (Garavoglia Family Office)

Investor profile

Lagfin S.C.A. is a Luxembourg-based single-family office. Established in 1995, the firm invests and manages the wealth of the Italian Garavoglia family, the long-standing owners of the global spirits group David Campari-Milano N.V. The firm's primary mandate is to maintain a long-term controlling stake in Campari Group, holding approximately 51% of share capital and over 80% of voting rights in recent disclosures, while also conducting financial, commercial, and real estate investments across jurisdictions. Lagfin combines elements of a traditional single-family office with a strategic corporate holding platform. In addition to direct equity control positions, the firm executes capital markets transactions, including exchangeable bond issuances referencing Campari shares, and selectively partners with external advisors and investment managers where appropriate. Lagfin's asset class focus spans direct investments, private equity funds, private credit, real estate holdings, and strategic minority growth investments. Its core allocation remains concentrated in public equity through its controlling interest in Campari Group, a global leader in branded spirits. They are also complemented by investments in international real estate assets located in prime markets and financial assets structured for long-term value creation. Geographically, Lagfin maintains a Europe-centric operating base with global exposure via Campari's worldwide footprint and international property investments. Sector preferences include consumer beverages, branded consumer goods, real estate, financial assets, and technology-enabled platforms. The group's investment philosophy is centered on long-term ownership, active governance, capital structure optimization, and disciplined divestment once intrinsic value is realized.