Origin Towarzystwo Funduszy Inwestycyjnych S.A.

What Origin Towarzystwo Funduszy Inwestycyjnych S.A. does

Origin Towarzystwo Funduszy Inwestycyjnych S.A. (Origin TFI) is a privately held Polish investment fund management company authorized by the Komisja Nadzoru Finansowego (KNF) on December 20, 2012 to operate as a Towarzystwo Funduszy Inwestycyjnych. The company is headquartered in Warsaw, Poland, at ul. Zielna 37, and operates with a lean staff of approximately eight employees. Its core activity is the management of closed-end investment funds, with a particular emphasis on private equity and venture capital vehicles that provide growth capital to micro, small, and medium-sized enterprises at various development stages, ranging from Proof of Principle through Growth and Expansion phases.

Origin TFI's product suite comprises two principal offerings. The flagship is the First Private Equity Fundusz Inwestycyjny Zamknięty Aktywów Niepublicznych (First Private Equity FIZ AN), a closed-end non-public assets fund providing venture capital financing to SMEs through the acquisition of equity stakes. The second offering is a line of bespoke, "cut-to-measure" dedicated funds (Dedykowane fundusze) tailored to the specific return and risk expectations of individual clients. The firm's underlying technology consists of a participant portal that provides authenticated certificate-holders with access to fund information and documentation. Fund NAV for the First Private Equity Fund stood at 7,910,352.09 PLN as of March 31, 2024, with a per-certificate NAV of 863.76 PLN. The company holds fully paid registered share capital of 3,690,100 PLN.

The company generates revenue through recurring management fees on the closed-end funds it administers, with investment certificates distributed via private placement exclusively to qualified investors in Poland. The customer base is bifurcated between high net worth individuals seeking access to private equity opportunities and corporate or institutional investors pursuing venture capital exposure or co-investment. Origin TFI has remained a single-country operator since inception, with no subsidiaries, no public listing, no disclosed external funding rounds, and no M&A activity. Notably, the First Private Equity Fund entered liquidation on May 14, 2024 following the expiration of its custodian agreement with ING Bank Śląski S.A., representing a material contraction of the firm's primary revenue-generating vehicle.

Name

Origin Towarzystwo Funduszy Inwestycyjnych S.A.

Legal name

Origin Towarzystwo Funduszy Inwestycyjnych S.A.

Website

https://origintfi.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Origin Towarzystwo Funduszy Inwestycyjnych S.A. is a privately held, KNF-authorized Polish investment fund manager that administers closed-end private equity and venture capital funds, including customized dedicated vehicles, for high net worth individuals and corporate investors in Poland.

Ownership category

akta.pro rank

Headquarters

HQ city

Warsaw

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Investment fund management fees: Revenue generated through management of closed-end investment funds, including First Private Equity Fund. Investors purchase investment certificates in private offerings.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Origin TFI S.A. is a Polish investment fund company (towarzystwo funduszy inwestycyjnych) that establishes and manages closed-end investment funds, with a primary focus on private equity through its First Private Equity Fund. It also designs and manages customized, tailored investment fund structures and provides corporate venture capital services to corporate and institutional clients.

Product overview

Origin TFI operates as an independent investment fund company managing closed-end funds for individual clients, high net worth individuals, and companies. Their core offering consists of customized investment funds tailored to individual client expectations, complemented by venture capital funds that finance innovative companies and projects at various development stages (from Proof of Principle through Growth/Expansion). The main managed fund is the First Private Equity Funduszu Inwestycyjnego Zamkniętego Aktywów Niepublicznych, which provides capital to SMEs acquiring shares or stakes in portfolio companies across sectors including energy, environment, health, ICT, and creative industries. The company also manages a venture capital fund structure focused on supporting innovation and commercializing unique technological solutions.

Differentiator

Problem solved

Functional benefit

Products and services

• First Private Equity Fund A closed-end private equity fund established and managed by Origin TFI, providing investors with exposure to private equity investments under the supervision of the Polish Financial Supervision Authority (KNF). Targeted at high net worth individuals and other qualified investors.
• Customized Investment Funds Bespoke closed-end investment fund structures designed and managed by Origin TFI to meet the specific investment objectives, risk profiles, and structural preferences of individual or corporate clients.
• Corporate Venture Capital Services Establishment and management of corporate venture capital fund vehicles for companies and institutional clients, enabling strategic investment activity through a regulated Polish fund structure.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• ING Bank Śląski S.A.coreOthers · 23 October 2017ING Bank Śląski served as the custodian (depozytariusz) for First Private Equity Fund. The custodian agreement, effective October 23, 2017, expired on May 13, 2024, triggering the fund's liquidation due to inability to appoint a replacement custodian.

Scale indicators4 records

Recent moves4 records

Expansion highlights1 record

Direct peers

• Quercus Towarzystwo Funduszy Inwestycyjnych: Quercus TFI is an independent Polish TFI known for alternative and closed-end fund strategies, including private equity and venture vehicles. Highly comparable as a boutique Polish TFI competing in the same closed-end/alternative space as Origin TFI.
• Skarbiec Towarzystwo Funduszy Inwestycyjnych: Skarbiec TFI is an independent Polish investment fund company offering closed-end and specialized funds. Comparable as a similarly independent, KNF-regulated Polish TFI focused on closed-end vehicles and tailored mandates, placing it in the closest competitive set with Origin TFI.
• AgioFunds TFI: AgioFunds TFI is a smaller, independent Polish TFI offering closed-end and alternative investment funds for HNW and institutional clients. Closely comparable to Origin TFI in scale, business model, and KNF-regulated closed-end fund focus.
• Trigon Towarzystwo Funduszy Inwestycyjnych: Trigon TFI is a Polish TFI managing closed-end funds with exposure to PE/VC and alternative strategies. Comparable as a boutique KNF-regulated peer competing for HNW and institutional capital in closed-end Polish fund structures similar to Origin TFI.
• Copernicus Capital TFI: Copernicus TFI is a Polish TFI managing closed-end private equity and venture capital funds for qualified investors. Highly comparable as a direct competitor in the Polish closed-end VC/PE fund management segment served by Origin TFI.

Broad incumbents

• Santander Towarzystwo Funduszy Inwestycyjnych: Santander TFI is a major Polish fund manager offering a broad range of open- and closed-end funds, backed by the Santander banking group. Comparable as a KNF-regulated Polish TFI with closed-end fund offerings, though backed by a global banking parent versus Origin's independence.
• PZU Towarzystwo Funduszy Inwestycyjnych: PZU TFI is one of Poland's largest TFIs, managing a diversified fund portfolio including closed-end funds for retail and institutional clients. Comparable as a Polish regulated peer offering closed-end vehicles, though substantially larger and more distribution-driven than Origin.
• BNP Paribas Towarzystwo Funduszy Inwestycyjnych: BNP Paribas TFI is a large Polish TFI providing diversified and closed-end fund products under KNF supervision. Comparable as a regulated Polish fund management peer serving HNW and institutional clients, though with materially larger AUM and international parent backing.
• Allianz Investors Poland TFI: Allianz TFI manages a broad portfolio of investment funds in Poland under KNF oversight, including closed-end vehicles. Comparable as a regulated Polish TFI serving retail and institutional clients, though significantly larger and with international group backing.
• PKO Towarzystwo Funduszy Inwestycyjnych: PKO TFI is the largest Polish investment fund company (TFI), managing a broad suite of open- and closed-end funds. It is comparable to Origin TFI as a domestically regulated Polish fund manager, but operates at vastly greater scale and with a standardized rather than bespoke product set.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/origin-tfi

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Origin Towarzystwo Funduszy Inwestycyjnych S.A.