Mirabaud Asset Administration has launched a second non-public fairness fund that may spend money on way of life affect and innovation following the closure of its first non-public fairness technique after reaching €155m in December 2018.
Whereas the primary non-public fairness technique was devoted to “Living Heritage Companies” within the luxurious and way of life sector, this new fund will spend money on new applied sciences, and youthful manufacturers with enterprise innovators within the way of life business.
Mirabaud Asset Administration has appointed David Wertheimer, a brand new non-public fairness accomplice, to implement the brand new fund by mixing capital improvement and enterprise capital.
Renaud Dutreil, former French Minister of Small & Medium-Sized Companies and former President of LVMH North America, and Luc-Alban Chermette will even be key males on this mission.
David Wertheimer, Mirabaud AM’s new non-public fairness accomplice, mentioned: “Identifying the key players of tomorrow’s landscape in this ever more competitive world of digital information, fashion and experiences in a sustainable way is what motivates me daily.”
Renaud Dutreil, added: “The Personal Fairness providing of Mirabaud has all of the traits that traders are in search of: a global presence on a human scale, a transparent and specialised positioning, a hands-on administration method, a ardour for investing, entrepreneurship and a DNA that places excellence and the alignment of pursuits on the coronary heart of its worth chain.
“For David Wertheimer, Luc-Alban and myself, working with Mirabaud and its 200 years of family and entrepreneurial history is the perfect set-up to create value for our investors.”