ROCA FP

IRE AIFM HUB, in partnership with Impetum Management, has been selected as the preferred candidate and appointed at this stage by the Fund’s Representatives Committee.

This website and all information herein have been prepared by Impetum Management S.R.L. and IRE AIFM HUB solely for general informational purposes, in the context of the selection process for appointing a new Alternative Investment Fund Manager (AIFM) for Fondul Proprietatea S.A.
No information presented on this website constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation regarding securities, financial instruments, investment strategies, or services.
The content of this website does not constitute investment advice, legal advice, tax advice, or any other form of regulated advisory service. Users should seek independent advice before making any investment or strategic decision.
Although reasonable efforts have been made to ensure that the information provided is accurate and up‑to‑date as of the publication date, no representation, warranty, or assurance is given as to its accuracy, completeness, reliability, or fitness for any particular purpose. Impetum Management S.R.L., IRE AIFM HUB, and their affiliates expressly disclaim any liability arising from the use of, or reliance on, the information presented on this website.
Forward‑looking statements contained on this website are subject to risks, uncertainties, and assumptions and may differ materially from actual results. Past performance is no guarantee of future results.
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In addition, users are informed that the shares issued by Fondul Proprietatea S.A. are traded on a regulated market, and unauthorized use of information may trigger the application of market‑abuse regulations, including Regulation (EU) No 596/2014 and Law No 24/2017.
By accessing this website, you confirm that you have read, understood, and agree to the terms and conditions set out above.

Who we are

ROCA FP is the partnership proposed as Fund Manager for Fondul Proprietatea, combining the experience of IRE AIFM HUB with a local team of professionals.

The partnership rests on:

IRE AIFM HUB: a Luxembourg‑licensed manager with expertise in administering investment funds across Central and Eastern Europe.

✅ A team of Romanian professionals with know‑how in asset management and private‑equity investing (Agista, ROCA Investments), acting as specialist advisers on deal types relevant to the Romanian market.

✅ A culture focused on creating value for clients, teams and the wider community.

€1.64B in combined assets under management.

Management of complex mandates (funds such as: ROCA Investments, Agista Investments)

Romania and Eastern Europe – as core geographic areas of interest

Expertise in major key industries (Construction, Agriculture, Energy, IT and Healthcare)

Our values

PERSONAL DEVELOPMENT

We believe that high performance starts with the evolution of each individual. We foster continuous learning, adaptability, and both professional and personal growth at every stage of our investment journey.

COURAGE

We embrace bold and innovative decisions, even in challenging contexts. The courage to spot opportunities where others see only risks defines our strategic approach.

STRATEGY

We act with a long‑term vision, building robust portfolios through calculated decisions and rigorous planning. Every investment is part of a well‑grounded strategic endeavor.

CO-CREATION

We value authentic collaboration with investors, companies, and communities, convinced that lasting success is born from shared ideas and team‑based development.

Fondul Proprietatea

With ROCA FP we intend to redefine the role of Fondul Proprietatea—from a fund historically focused on selling assets to an approach centred on creating value for its shareholders and driving sustained impact on Romania’s economic development.

Drawing on our asset‑management expertise, IRE AIFM and the local team offer a robust strategy for investors seeking medium‑ and long‑term returns.

Our approach is based on:

Paradigm shift

The proposed approach will support a strategic evolution by striking a balance between developing and realising value from the existing portfolio, initiating investments in listed companies in Romania and the broader Central and Eastern Europe region—including transactions that give the Fund indirect exposure to high‑growth unlisted companies via listed investment vehicles—and creating long‑term value through the implementation of Fund‑of‑Funds structures.

Guiding principles

We invest strategically in high‑potential companies that can form a solid base for future dividends, supporting the fund’s sustainable growth by increasing value and attracting new categories of investors.
Maintaining a dividend policy that delivers a steady yield to shareholders remains a priority for us.
All such investments will be carried out in accordance with the law, in full compliance with local and European regulations, and in line with the will of the shareholders.

Impact

We aim for Fondul Proprietatea to become a regional success story—a driver of Romania’s economic development and an attractive investment platform for both local and international investors.

Team

Andrei Cionca
Andrei Cionca
Representative of the ROCA FP partnership
David Luksenburg
David Luksenburg
IRE AIFM Portofolio Manager
Michel Batter
Michel Batter
IRE AIFM Risk Manager and Conducting Officer
Pierre Francois
Pierre Francois
IRE AIFM Board of Managers Member
Rudolf Vizental
Rudolf Vizental
Chief Investment Officer
Vasile Godinca
Vasile Godinca
Investment Manager
Anca Manitiu
Anca Manitiu
Investment Manager
Adrian Puscasu
Adrian Puscasu
Chief Financial Officer
Aurel Podariu
Aurel Podariu
Investment Manager
Alexandra Titan
Alexandra Titan
Investor Relations
Andreea Negru
Andreea Negru
Risc Management
Ondina Olariu
Ondina Olariu
Marketing
Andreia Urzica
Andreia Urzica
Public relations
Catalina Nedelcu
Catalina Nedelcu
Secretary General
Stefan Buda
Stefan Buda
Legal and Public Affairs
Iulia Ivaschescu
Iulia Ivaschescu
Coordinator

Frequently asked questions

IRE AIFM HUB has been active in the alternative investment fund management industry in Luxembourg since 2015.
IRE AIFM HUB is a licensed Alternative Investment Fund Manager (AIFM), directly regulated by the Luxembourg supervisory authority (CSSF) (link). The company manages both EU and non-EU alternative assets, with a focus on Private Equity (PE), Real Estate (RE), and Fund of Funds (FoFs) investment structures.

IRE AIFM HUB has a strong presence in Central and Eastern Europe (CEE), including Romania.
As of May 2025, IRE AIFM HUB manages approximately EUR 2 billion in net assets under management (AuM), across 35 funds and 49 compartments, including 15 Private Equity / Venture Capital funds.

More details on its services and assets under management are available at: IRE AIFM HUB Website

The company’s financial statements can be accessed at: Luxembourg Business Registers
Information on the funds managed by IRE AIFM HUB is also available on the website of the Luxembourg Financial Supervisory Authority (CSSF): AIFM List CSSF

ROCA FP is a strategic partnership between IRE AIFM HUB – an alternative investment fund manager based in Luxembourg and active on the Romanian market – and a local team of experts with proven experience in asset management and investment operations within local Private Equity funds such as ROCA Investments, Agista, and the advisory firm Impetum Management. This structure brings together deep local expertise provided by Romanian professionals with international best practices in investment governance, ensured by IRE AIFM HUB. If appointed following the completion of the selection process and shareholder vote, this partnership aims to deliver:
• Excellence in portfolio and risk management, corporate governance, and compliance, under the coordination of IRE AIFM HUB – a Luxembourg-authorized AIFM with a strong track record in Central and Eastern Europe;
• Asset management advisory services provided by a highly qualified Romanian expert team – professionals with deep knowledge of the Romanian investment landscape and a strong understanding of the country’s economic environment and business culture.

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