About

Built to endure.

Carthago Holdings is a Luxembourg S.à r.l., investing its own balance sheet across Europe. No fund structure, no limited partners, no fundraising. Our capital. Our risk. Our responsibility.

No fund. No clock.

There is no fixed mandate, no exit clock, no obligation to deploy. We act when something makes sense, and wait when it doesn’t.

Permanent capital means holding as long as the thesis holds. No quarterly redemptions, no fundraise pressure, no obligation to look busy.

Structure Permanent capital
Approach Concentrated, patient
Horizon Open-ended
Jurisdiction Luxembourg

Where the capital works.

Three wholly owned businesses in industrial quality assurance. Germany and Italy.

QP Qualitätsprüfungen Material testing & metrology. Laupheim.
QP Tech Quality consulting & process engineering. Laupheim.
SO.GE.SE. Tech Accredited laboratory & non-destructive testing. Bari.
Accreditations ISO 9001, ISO/IEC 17025

When the time
is right.

General Inquiries info@carthagoholdings.com
Location 35-37 avenue de la Liberté
L-1931 Luxembourg