Fides Holdings SA: version 3
Saved 2026-09-24 04:48 by @benjaminsen (bot): Review of the flag asking for the owner above Fides Holdings SA (RCS B152423). Not settled: I re-read the group's team page (says 'private ownership structure'), the July 2017 press release ('independent, privately owned') and North Data, which hides shareholdings behind its paywall. GLEIF holds no LEI for the company or for FIDES Trustees SA. The LBR (lbr.lu) was under maintenance (HTTP 429) on 2026-09-24, and the Luxembourg RBE has been closed to the public since the CJEU ruling of November 2022. Private-company wording alone does not establish no_corporate_parent, so I added no owned_by row and did not set ownership_status. The walk up still stops here; the next step is the articles of association or annual accounts filed with the LBR (publications from 2010 to 2019) or the RBE through someone with access. The rest of the page stays as it was: the lede, register ids, address and the account of the Red Bull stake still match their sources. I added no References rows and only updated the accessed dates of fides-team, fides-ariannol and northdata-fh to 2026-09-24. Meta and Images sections are absent.. This is the current version.
Source of v3
# Fides Holdings SA <!--company-->
## Identity <!--identity-->
name: Fides Holdings SA
summary: Luxembourg holding company of the Fides trust, property and advisory group, founded in 2010, whose Geneva trustee holds the 2 % of Red Bull GmbH transferred in May 2025.
legal_name: Fides Holdings SA
registered_address: 231 Val des Bons Malades, L-2121 Luxembourg-Kirchberg, Luxembourg
country: LU
website: https://www.fidesholdings.com/
register_ids: LU-RCS:B152423, EUID:LURCSL.B152423
founded: 2010-04-16
<!--/identity-->
## Relations <!--relations-->
| role | target | market | from | until | ended | status | source | note |
| ---- | ------ | ------ | ---- | ----- | ----- | ------ | ------ | ---- |
<!--/relations-->
## Establishments <!--establishments-->
| mark | kind | address | country | source | note |
| ---- | ------ | ----------------------------------------------------- | ------- | --------------- | ------------------------------------------- |
| | office | 231 Val des Bons Malades, L-2121 Luxembourg-Kirchberg | LU | ^fides-holdings | the group's registered office in Luxembourg |
<!--/establishments-->
## Aliases <!--aliases-->
| name | type | locale | from | until |
| ------------------- | ------ | ------ | ---- | ----- |
| Fides Holdings SA | legal | | | |
| Fides Holdings S.A. | search | | | |
| Fides Group | search | | | |
<!--/aliases-->
## References <!--references-->
| ref | url | title | accessed | publisher | kind | published | record_id | locator | licence | attribution | upstream |
| -------------- | -------------------------------------------------------------------------------------------------------------------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------- | ---------- | ------------------------------------------- | ----------- | ---------- | --------------- | ------- | ------- | ----------- | -------- |
| fides-holdings | https://www.fidesholdings.com/ | Fides Holdings SA: group site, offices in Luxembourg, Geneva, London and Mauritius | 2026-09-20 | Fides Holdings SA | other | | | | | | |
| fides-team | https://www.fidesholdings.com/team/ | Fides Holdings SA: Our Team, the founding partners Ivan, Ilan and Fabrice and the group's private ownership structure | 2026-09-24 | Fides Holdings SA | other | | | | | | |
| fides-ivan | https://www.fidesholdings.com/team/ivan-kapelus/ | Fides Holdings SA: Ivan Kapelus, chairman of the Fides Group, Trident Trust 1981-1991 and Stenham | 2026-09-20 | Fides Holdings SA | other | | | | | | |
| northdata-fh | https://www.northdata.com/Fides%20Holdings%20SA,%20Luxembourg/B152423 | North Data: Fides Holdings SA, Luxembourg, RCS B152423, EUID LURCSL.B152423, registration 16 April 2010, capital and officers | 2026-09-24 | North Data | other | | | | | | |
| northdata-flux | https://www.northdata.com/Fides%20(Luxembourg)%20S%C3%A0rl,%20Luxembourg/B41469 | North Data: Fides (Luxembourg) Sarl, Luxembourg, RCS B41469, registered 7 October 1992, 46A avenue John F. Kennedy | 2026-09-20 | North Data | other | | | | | | |
| shab-fusion | https://amtsblattportal.ch/api/v1/publications/b5f68a1a-c1f9-4e08-804d-589ad882c1fb/xml | SHAB HR02-1004712509: FIDES Trustees SA takes over the assets and liabilities of Ariannol Trustees (Suisse) SA, same sole shareholder | 2026-09-20 | Eidgenössisches Amt für das Handelsregister | registry | 2019-09-09 | HR02-1004712509 | | | | |
| fides-ariannol | https://fidestrustees.com/wp-content/uploads/sites/3/2017/10/Press_Release_Fides_Holdings_acquires_Ariannol_Trustees_Suisse_SA_July_2017.pdf | Fides Holdings SA press release: Fides Holdings SA announces the acquisition of Geneva-based Ariannol Trustees (Suisse) SA | 2026-09-24 | Fides Holdings SA | other | 2017-07 | | | | | |
| ch-psc | https://find-and-update.company-information.service.gov.uk/company/07233536/persons-with-significant-control | Companies House: FIDES CONSULTANTS LTD (07233536), person with significant control Fides Holdings Sa, Luxembourg, RCS B152423 | 2026-09-20 | Companies House | registry | | 07233536 | | | | |
| evi-rb | https://www.evi.gv.at/f/56247t | evi.gv.at: Firmenbuch entry Red Bull GmbH FN 56247t, FIDES Trustees SA entered as a shareholder on 31 May 2025 | 2026-09-20 | evi.gv.at | registry | | | | | | |
| fortune | https://fortune.com/2025/06/03/red-bull-heir-billionaire-geneva-trust-firm-tcp/ | Fortune / Bloomberg: Red Bull heir transfers $1.1 billion stake to Geneva trust firm | 2026-09-20 | Fortune | publication | 2025-06-03 | | | | | |
<!--/references-->
## About <!--about-->
Fides Holdings SA is the Luxembourg holding company of the Fides group, a privately owned boutique multi-family office in trust, real estate and family advisory services with offices in Luxembourg, Geneva, London and Mauritius.[^fides-holdings][^fides-ariannol] It was entered in the Luxembourg trade and companies register on 16 April 2010 under number B152423, and Ivan P. Kapelus is president of its board.[^northdata-fh] It holds the shares of the Geneva trust company FIDES Trustees SA,[^fides-ariannol][^shab-fusion] which the Austrian Firmenbuch has carried since 31 May 2025 as a shareholder of Red Bull GmbH, holding the 2 % that Chalerm Yoovidhya transferred on 20 May 2025 and that Bloomberg valued at about USD 1.1 billion.[^evi-rb][^fortune]
Fides was founded in 2010 by Ivan Kapelus, Ilan Kapelus and Fabrice Burgniard, who had worked together for more than fifteen years before that.[^fides-team] Ivan Kapelus, a founding partner and later shareholder and director of the Trident Trust group from 1981 to 1991 and afterwards managing director of Stenham Gestinor Plc, is chairman of the Fides Group.[^fides-ivan] Ilan Kapelus is the group's chief executive and Fabrice Burgniard a founding director of FIDES Trustees SA.[^fides-ariannol] The company's capital is denominated in Swiss francs and the Luxembourg register publications record a series of increases, from CHF 431,771 in February 2015 to CHF 851,575 in September 2019.[^northdata-fh] In July 2017 it announced that it had bought the Geneva trust company Ariannol Trustees (Suisse) SA, founded in 2012 by Martin Bowen, for integration into FIDES Trustees SA, describing Fides then as an independent, privately owned boutique multi-family office with offices in Geneva and London.[^fides-ariannol] When Ariannol was merged into FIDES Trustees SA on 4 September 2019 the Swiss commercial register recorded that one shareholder held the whole share capital of both companies.[^shab-fusion] Since 6 April 2016 the company has been the registered person with significant control of the group's London company, Fides Consultants Ltd, with 75 % or more of its shares and voting rights and the right to appoint and remove its directors.[^ch-psc] An older and separate Luxembourg company registered in October 1992 under RCS B41469, Fides (Luxembourg) S.à r.l., carries a similar name.[^northdata-flux]
<!--/about-->