On April 11th, Middle Eastern private investment firm Chimera Abu Dhabi and Luxembourg-based private equity investment company Haeres Capital established a joint venture called ChimHaeres Investment Holding (hereinafter referred to as “ChimHaeres”). It is reported that this new company will serve as a “common investment vehicle” for the acquisition of European luxury brands, with a focus on Italy, France, Switzerland, and the United Kingdom.
ChimHaeres is headquartered in Abu Dhabi, with operational entities in Milan and Geneva, and specializes in investing in …