Chanel
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French Luxury Group Chanel Family Gerard Wertheimer Becomes Switzerland Richest Resident with $47 Billion Fortune, Wertheimer Family Office Mousse Partners Hired Sovereign Wealth Fund Abu Dhabi Investment Authority & Private Equity Veteran David Yang as Managing Director & Appointed as Director in Hong Kong

1st December 2023 | Hong Kong

French luxury group Chanel Family Gerard Wertheimer has became Switzerland richest resident with $47 billion fortune (Bilanz magazine).  The Wertheimer brothers Alain & Gerard have a combined fortune of more than $68 billion (Bloomberg: More than $34 billion each).  Mousse Partners is the investment division of Mousse Investments Limited, formerly known as Litor Limited.  Mousse Partners manages its global, diversified portfolio across a broad range of asset classes in public and private markets with a long-term investment horizon.  Mousse Partners values deep and long-standing relationships, partnering with select external investment managers as well as investing directly alongside high quality management teams, entrepreneurs, and other institutional investors.  Mousse Partners was founded in 1991 by Charles Heilbronn (half-brother to owners), Alain Wertheimer and Gérard Wertheimer.  Chanel is founded in 1910 by Coco Chanel in Paris (France), and is privately owned by the Wertheimer family.  French luxury group Chanel owner Wertheimer family office Mousse Partners had recently hired sovereign wealth fund Abu Dhabi Investment Authority (ADIA) & private equity veteran David Yang as Managing Director & appointed as Director in Hong Kong.  David Yang was the Head of China Private Equity at Abu Dhabi Investment Authority (ADIA) for more than 5 years, and prior was at CVC Capital Partners, EW Healthcare Partners, Warburg Pincus, McKinsey & Company and Fidelity Investments.  

“ French Luxury Group Chanel Family Gerard Wertheimer Becomes Switzerland Richest Resident with $47 Billion Fortune, Wertheimer Family Office Mousse Partners Hired Sovereign Wealth Fund Abu Dhabi Investment Authority & Private Equity Veteran David Yang as Managing Director & Appointed as Director in Hong Kong “

 



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French Luxury Group Chanel Owner Wertheimer Family Office Mousse Partners Hires Sovereign Wealth Fund Abu Dhabi Investment Authority & Private Equity Veteran David Yang as Managing Director & Appointed as Director in Hong Kong, Wertheimer Brothers Alain & Gerard Combined Fortune of More than $68 billion

Chanel

25th November 2023 – French luxury group Chanel owner Wertheimer family office Mousse Partners has hired sovereign wealth fund Abu Dhabi Investment Authority (ADIA) & private equity veteran David Yang as Managing Director & appointed as Director in Hong Kong.  David Yang was the Head of China Private Equity at Abu Dhabi Investment Authority (ADIA) for more than 5 years, and prior was at CVC Capital Partners, EW Healthcare Partners, Warburg Pincus, McKinsey & Company and Fidelity Investments.  The Wertheimer brothers Alain & Gerard have a combined fortune of more than $68 billion (more than $34 billion each).  Mousse Partners is the investment division of Mousse Investments Limited, formerly known as Litor Limited.  Mousse Partners manages its global, diversified portfolio across a broad range of asset classes in public and private markets with a long-term investment horizon.  Mousse Partners values deep and long-standing relationships, partnering with select external investment managers as well as investing directly alongside high quality management teams, entrepreneurs, and other institutional investors.  Mousse Partners was founded in 1991 by Charles Heilbronn (half-brother to owners), Alain Wertheimer and Gérard Wertheimer.  Chanel is founded in 1910 by Coco Chanel in Paris (France), and is privately owned by the Wertheimer family.




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